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"GE Shares Tank More Than 13% After Madoff Whistleblower Calls It a ‘Bigger Fraud Than Enron’"
Everything is pretty much a fraud these days, just to varying degrees.
cnbc.com/2019/08/15/ge-…
Everything is pretty much a fraud these days, just to varying degrees.
cnbc.com/2019/08/15/ge-…
"Markopolos says he has given the report to securities regulators and that certain information he has uncovered was given to law enforcement only, and is not in the public report."
Oh boy
Oh boy
Damn. These are some heavy blows.
"GE would change its reporting formats every 2-4 years to prevent analysts from being able to make comparisons across time horizons! In other words, GE went out of its way to make it impossible to analyze the performance of their business units"
"GE would change its reporting formats every 2-4 years to prevent analysts from being able to make comparisons across time horizons! In other words, GE went out of its way to make it impossible to analyze the performance of their business units"
"Long-term care policies typically pay for end-of-life costs...it’s known as one of the more costly and unpredictable parts of the insurance market — especially as the average American lifespan rises."
American life expectancy is actually dropping, so maybe GE is banking on that
American life expectancy is actually dropping, so maybe GE is banking on that
