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Porter Stansberry predicts the next major company to go bust
The Daily Crux ^

Posted on 07/20/2009 6:58:40 AM PDT by sdw2009

We've become slightly famous for accurately predicting the demise of several iconic America companies, including the original AT&T, GM, Fannie Mae, Freddie Mac...

(Excerpt) Read more at thedailycrux.com ...


TOPICS: Business/Economy; Government
KEYWORDS: bankruptcy; cit; financialcrisis; ge

1 posted on 07/20/2009 6:58:40 AM PDT by sdw2009
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To: sdw2009

GE. It would not surprise me.


2 posted on 07/20/2009 7:01:15 AM PDT by OB1kNOb (It is impossible to convince someone of facts or truth if they don't want to believe it.)
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To: sdw2009

Monkeying around in Finance has brought down many an Icon...

Westinghouse was killed because its investment arm went bust in real estate... yes it limped on for another decade as an independent entity, but it was effectively a corpse after that fiasco.

History repeats itself.


3 posted on 07/20/2009 7:03:56 AM PDT by HamiltonJay
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To: OB1kNOb

No ! Who will make parts for my Vulcan Autocannon ?!


4 posted on 07/20/2009 7:28:46 AM PDT by Celerity
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To: sdw2009

NBC is owned by GE. How will Liberals save NBC so they can keep propagandizing the American public?


5 posted on 07/20/2009 8:08:53 AM PDT by preacher (A government which robs from Peter to pay Paul will always have the support of Paul.)
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To: preacher

GE is fascist. Good riddens and a speedy dive.


6 posted on 07/20/2009 4:48:19 PM PDT by SaraJohnson
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