Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Roccus
What happens when the Beezle is GE itself. Remember GE has become much more a financial house than a manufacturing house. Live by the sword die by the sword. Let them go through bankruptcy eat the garbage and sell off the valuable assets at pennies on the dollar.

After all these are private enterprises. Why should I care what happens to shareholders who didn't vote when boards were elected that rubbers stamped managements that took their company down.

8 posted on 03/06/2009 4:46:11 AM PST by AndyJackson
[ Post Reply | Private Reply | To 6 | View Replies ]


To: AndyJackson
IF the market were allowed to self correct, that is what should happen. The gov't however, will NOT allow this.

What you state is truth, common sense and logic. Sadly, once gov't, especially the one we are saddled with now wades in, truth, common sense and logic do nothing but cloud the issue.

My bank opens in an hour. I have every intention of being there. Granted, my pieces of green paper may be inflated away. There is NOTHING I can do about that. But they are MY pieces of green paper and I CAN do something about my ability to access them.

10 posted on 03/06/2009 5:00:42 AM PST by Roccus (The Capitol, the White House, the Court house.....................America's Axis of Evil!)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: AndyJackson

GEs biggest problem is government. They’ve bent their bottom line to meet quarterly reporting goals. They stopped being a company with a long term cash/profit goal and started being a stock marketing business.

It did not start with Immelt either, though he is getting the blame.


14 posted on 03/06/2009 5:49:18 AM PST by 1010RD (First Do No Harm)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson