In One Chart: GE’s Other Inside Job

Last week, General Electric (GE) came under fire for an alleged accounting fraud that, if true, would constitute nearly 40% of the conglomerate’s $73 billion market cap. When Harry Markopolos went public with his report and allegations of fraud, GE shares fell 11.3% on the day, its biggest drop since 2008. In response, GE insiders … Continued

In One Chart: Is GE on sale?

You’ve likely followed General Electric’s (GE) recent struggles, culminating with their removal from the Dow Jones Industrial Average last week. The 125 year old American giant has seen a steady and constant decline in its share price since the beginning of 2017. Under Jeff Immelt’s reign as CEO, GE was burned badly on a few … Continued