Comments on: Get Rid of General Electric http://dailyreckoning.com/get-rid-of-general-electric/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 23:16:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mark G. http://dailyreckoning.com/get-rid-of-general-electric/#comment-39773 Mark G. Fri, 20 Nov 2009 16:14:47 +0000 http://dailyreckoning.com/?p=20412#comment-39773 better late than never... better late than never…

]]> By: TC http://dailyreckoning.com/get-rid-of-general-electric/#comment-39676 TC Fri, 20 Nov 2009 05:01:09 +0000 http://dailyreckoning.com/?p=20412#comment-39676 I have learned much in this economic times about American superior business practice. So the following is the perfect solution to GE considerable problems: 1. The 'hard' side of GE - engines, nuclear power and all those high tech stuffs - should be split out and sold to China. China will pay a most handsome sum for these boring businesses. They have thousands of scientists and engineers, designers and innovators, just dying to work on these boring stuffs. GE shareholders will win big. This is a wonderful outsource strategy and I am sure Wall Street will approve. 2) Take the financial side and announce imminent bankruptcy. This will shock the government into bailing out this obvious TBTF. Once the bailout money arrives to fix up the balance sheet, sell the division to Goldman Sachs. They know how to make money from government bailout firms. GE shareholders win again. 3) Finally, the above two winning deals should deliver a most welcome bonus payments to GE amazing executive team. They all can resign from the GE shell and write winning business books. Just like Jack. PS: The GE name should be worth something when used as a brand. Just like RCA. It can be sold to India emerging companies for good money. I have learned much in this economic times about American superior business practice. So the following is the perfect solution to GE considerable problems:

1. The ‘hard’ side of GE – engines, nuclear power and all those high tech stuffs – should be split out and sold to China. China will pay a most handsome sum for these boring businesses. They have thousands of scientists and engineers, designers and innovators, just dying to work on these boring stuffs. GE shareholders will win big. This is a wonderful outsource strategy and I am sure Wall Street will approve.

2) Take the financial side and announce imminent bankruptcy. This will shock the government into bailing out this obvious TBTF. Once the bailout money arrives to fix up the balance sheet, sell the division to Goldman Sachs. They know how to make money from government bailout firms. GE shareholders win again.

3) Finally, the above two winning deals should deliver a most welcome bonus payments to GE amazing executive team. They all can resign from the GE shell and write winning business books. Just like Jack.

PS: The GE name should be worth something when used as a brand. Just like RCA. It can be sold to India emerging companies for good money.

]]> By: Chris Johnson http://dailyreckoning.com/get-rid-of-general-electric/#comment-39638 Chris Johnson Fri, 20 Nov 2009 00:45:35 +0000 http://dailyreckoning.com/?p=20412#comment-39638 GE is the modern IG Farben. It exists SOLELY due to a fascist government that subsidizes its losses. Not only does uncle sam allow any gains to stay private, it cooks up wars and initiatives to ensure those profits keep flowing. GE is the modern IG Farben. It exists SOLELY due to a fascist government that subsidizes its losses. Not only does uncle sam allow any gains to stay private, it cooks up wars and initiatives to ensure those profits keep flowing.

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