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General Electric Company Message Board

  • boar292hog boar292hog Sep 3, 2013 1:00 PM Flag

    Does the funding of UNION PENSIONS at GE

    have you down?
    GE should have been able to throw shareholders a bone, in fact a nice bone because of GE CAP's recovery and thus DIV to GE.
    But it seems its not to be. GE is a BOW-WOW.....dead money for now and traders saw it coming several pionts ago.

    I still own it, its a long term postion, but that doesn't stop me from firing poison arrows at management.
    Perhaps its time for a change at the top? ZERO positive shareholder communications addressing cap return/time tables for such. Meanwhile Big Brother Union gets fed like the pig it is......maybe its time for ALL OF GE's Subs to join the rest of the nation and eliminate/sunset Union (disfunction) by erasing the pension greed that is dragging down those few dinosauers that still offer pensions and replace it with a 401k.
    Should have been done 50 years ago.

    Meanwhile don;t expect any good news for shareholders as GE gives into UNION GREED that WE SHAREHOLDERS get to pay for without any say in the matter.

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