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General Electric Company Message Board

  • citrusnow citrusnow Feb 8, 2009 6:54 PM Flag

    GE BOARD WATCHING IMMELT LIKE A HAWK

    Notice the immelt backtracking on the dividend for the 2nd half now, and his idiotic attacks on the 500k ceo salary cap.

    ge knows well they may have to go after tarp money and if they do immelt will have to stfu and swallow the 500k limit.

    ge credibility continues to shrink daily w/immelt at the helm. Even w fridays statements after the close. Inst knew all along he would have to cut the dividend. Thats why they were all bailing out of ge the last 6 weeks.

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