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S&P downgrades debt-riddled GE and GE Capital (money.cnn.com)

submitted 3 months ago by [email protected] to c/economy

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[–] [email protected] 1 points 3 months ago (1 children)

Ohh another conglomerate that boomers ran into the ground!

We "leadership" like thisbno wonder china is catching up

[–] [email protected] 1 points 3 months ago (1 children)

This article is four years old. GE did react and right the ship, eventually splitting into three separate companies for the three business sectors they serviced. All of them seem to be doing fine.

[–] [email protected] 1 points 3 months ago (1 children)

How much fed money did they take during that time period?

[–] [email protected] 2 points 3 months ago (1 children)

Tons. It turns out that when the government said they wanted to invest in American manufacturing and green energy, that meant giving a ton of money to an American manufacturer that is producing wind farms.

[–] [email protected] 1 points 3 months ago

Aint private capital grand? 🤡