For all the GE haters.........
1 posted on
10/16/2009 9:37:34 AM PDT by
BenLurkin
To: BenLurkin
Well it was just days ago they too were touting their profits!!
Now it too is huge losses or a drag?????????
2 posted on
10/16/2009 9:45:38 AM PDT by
Freddd
(CNN is not credible.)
To: BenLurkin
GE Capital provided the flooring loans for many motorcycle and power sports dealerships. I say that in the past tense because they have been annihilating and closing such business at a rapid rate over the past 6 months. My Yamaha dealer in Pocatello had been in business for 47 years. GE sent in the trucks, collected all the inventory (except for about $130,000 in parts) and essentially wiped out the dealership. Ditto in Blackfoot. The consequence of those actions is that I have to travel a minimum of 60 miles to get to the nearest Yamaha dealer for parts/service. Fortunately, I have a truck/trailer to transport the bikes as necessary.
3 posted on
10/16/2009 9:51:11 AM PDT by
Myrddin
To: BenLurkin
Government Electric. I am glad I dumped this stock years ago when Jack Welch left the company.
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