GE, America's sweetheart has been accused of fraud allegations before. This time though, it's by the same person who did it on the Madoff Scheme (Harry Markopolos)
Markopolos’ main points of contention are:
1) GE’s insurance obligations are woefully under-reserved and it has been lying to the Kansas Insurance Department
2) GE shouldn’t have consolidated BHGE’s financial statements, which are a source of confusion
3) GE’s evolving presentation makes it very difficult to evaluate GE’s operating performance.
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In response to the whole ordeal, General Electric's CEO bought $2million in shares.
Markopolos’ main points of contention are:
1) GE’s insurance obligations are woefully under-reserved and it has been lying to the Kansas Insurance Department
2) GE shouldn’t have consolidated BHGE’s financial statements, which are a source of confusion
3) GE’s evolving presentation makes it very difficult to evaluate GE’s operating performance.
-------
In response to the whole ordeal, General Electric's CEO bought $2million in shares.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.