S&P downgrades debt-riddled GE and GE Capital

New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting.

8 comments

Why post an article from 2018?
- Happy 2nd cake day!
  
  Also, yeah that's weird to post a 6 year old article.
The ghost of Jack Welch is cackling at this very moment.
Ohh another conglomerate that boomers ran into the ground!

We "leadership" like thisbno wonder china is catching up
- This article is four years old. GE did react and right the ship, eventually splitting into three separate companies for the three business sectors they serviced. All of them seem to be doing fine.
  
  How much fed money did they take during that time period?

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