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0 pointsvessenes9d ago0 comments

Not just - Welch pioneered using GE Capital to “smooth” earnings - lots of judgment calls in those finance companies in the early 90s.

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hattmall9d ago

GE's latest trick is to roll long term maintenance contracts into the price of the product and then sell off the unit holding the bag on the maintenance contract. Very shady but very clever.

j / k navigate · click thread line to collapse

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hattmall9d ago

GE's latest trick is to roll long term maintenance contracts into the price of the product and then sell off the unit holding the bag on the maintenance contract. Very shady but very clever.

j / k navigate · click thread line to collapse

0 pointsvessenes9d ago0 comments

Not just - Welch pioneered using GE Capital to “smooth” earnings - lots of judgment calls in those finance companies in the early 90s.