Markopolos isn't just targeting the previous regime of former CEO Jeffery Immelt. He's alleging that GE's current C-suite doesn't understand its opaque financial statements--and worse. In an interview on Yahoo Finance, he stated that "GE's financial statements are almost unreadable," and that "I dou
Date: Aug 17, 2019
Category: Business
Source: Google
P&G agrees to add hedge fund investor Nelson Peltz, Novartis CEO Joseph Jimenez to board
Former General Electric CEO Jeffery Immelt courted Peltz's investment for years before the investor bought 70 million GE shares. After more than a year of disappointing results, Immelt abruptly retired.
Date: Dec 15, 2017
Category: Business
Source: Google
Deficit rises as spending on Medicaid and defense increases; GE wins approval for Baker Hughes deal
Jeffery Immelt, GEs chief executive , said last month that the deal probably will close by early July. Baker Hughes has scheduled a special shareholders meeting for June30 in Houston to seek approval of the tie-up.
ommerce and the National Association of Manufacturers have pushed for the reauthorization of the bank. Earlier this month, General Electric CEO Jeffery Immelt told the economic club of Washington: "In country after country, you find the same thing: deals are structured around export credit financing.
Date: Jul 01, 2015
Category: Business
Source: Google
Democratic National Convention Recap: From President Obama to President...
rporation tax breaks at the voters expense. This attack is really disingenuous because Presidents Obamas job czar is GE CEO Jeffery Immelt, who has closed many of his factories in the USA and outsourced them to places like Brazil. Oh, and GE paid 0% in corporate taxes last year largely due to t