The legacy company is dead and will not be resurrected. Culp(able) got rid of assets and employees all in the name of getting one asset to shine in search of his $240 million payout. Amazing that Wall Street and the reporters never understand there is much broader impact to these massive reorganizations... the cost has and continues to be incurred by the employees who were laid off and the communities where GE shuttered businesses
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It’s pretty obvious none of you id--ts can actually do math. Probably a bunch of t rates
I'melt and the rest of the cronies should be indicted.
The myth of the Ge calculator is a real thing, cooking books and reverse splitting the stock. It's all about looking good on paper, just give it time. Ge will sell its business's and be part owners of its divisions under different names.
Who cares? You can’t do anything about it anyways.
That's deep.
It’s just another fake way to cook the books for the spin offs and to make the perception to the public things are good.