GE is about to go broke and hopefully Chrissy’s 401-K and retirement plan are in GE stock. You wanted Obama and Chris - now be prepared to pay up.
The cost of credit default swap (CDS) insurance for GE has skyrocketed which means GE could go into default on it’s debt VERY soon. Skyrocketing CDS caused KMart and others to implode.
GE owns MSNBC, NBC and CNBC. Die GE.
Maybe Chriisy will go down Screaming with GE . . . Chrissy needs a Bailout and he’s looking at Pork being a giveaway....but not to GE and friends.
Hey hey hey! Some good news.