Economy

1112 readers

1 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

sv1sjp@lemmy.world

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

submitted 6 months ago by tuxbot@infosec.pub to c/economy@lemmy.world

8 comments fedilink hide all child comments

top 8 comments

sorted by: hot top controversial new old

[–] Mooncheeze@lemmy.world 6 points 6 months ago (1 children)

Why post an article from 2018?

[–] Albbi@lemmy.ca 2 points 6 months ago* (last edited 6 months ago)

Happy 2nd cake day!

Also, yeah that's weird to post a 6 year old article.

[–] Retreaux@lemmy.world 2 points 6 months ago

The ghost of Jack Welch is cackling at this very moment.

[–] sunzu2@thebrainbin.org 1 points 6 months ago (1 children)

Ohh another conglomerate that boomers ran into the ground!

We "leadership" like thisbno wonder china is catching up

[–] tmyakal@lemm.ee 1 points 6 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.

[–] sunzu2@thebrainbin.org 1 points 6 months ago (1 children)

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

[–] tmyakal@lemm.ee 2 points 6 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.

[–] sunzu2@thebrainbin.org 1 points 6 months ago

Aint private capital grand? 🤡