Thread regarding General Electric Co. layoffs

General Electric’s Terrible, Horrible, No Good, Very Bad Year

Perfect title for the end-of-the-year GE related article if I ever saw one. The article in itself is not all that, but it does point out that there is nobody to blame but GE itself, which I believe is completely true.

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As soon as GE runs away from the BH deal, expect oil prices to rebound. That's what happens when your leaders are all stupid.

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Some people would have made huge windfalls from these acquisitions.

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Immelt was the biggest mistake. A gambler who failed.

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And buying Alsthom blew up on GE the year before that.

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Buying BH was the f--- up of the year.

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