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GE bankruptcy?
Could the huge GE join countless others and go "Belly Up" . The financials of this pachyderm are not to kosher. One saving grace is that GE has a very close relationship with the Obama administration !
Some important points to remember .
"Its first dividend cut in 71 years.
Speculation over a possible credit-ratings downgrade.
And growing worries that the once-unthinkable was becoming possible - a corporate bankruptcy that would put GE on the growing list of onetime Corporate America heavyweights that are now taking government bailout money."
If you have this one in your portfolio......."I feel for ya brother"
Once again I am sure all the corporate big wigs have taken care of themselves , while the poor share holder has to drop his drawers, bend over and grab his ankles and wait for that final stumulation LOL!
BOTTOM LINE NEVER MARRY ANY STOCK>>>>>THEY ALL SUCK!
Some important points to remember .
"Its first dividend cut in 71 years.
Speculation over a possible credit-ratings downgrade.
And growing worries that the once-unthinkable was becoming possible - a corporate bankruptcy that would put GE on the growing list of onetime Corporate America heavyweights that are now taking government bailout money."
If you have this one in your portfolio......."I feel for ya brother"
Once again I am sure all the corporate big wigs have taken care of themselves , while the poor share holder has to drop his drawers, bend over and grab his ankles and wait for that final stumulation LOL!
BOTTOM LINE NEVER MARRY ANY STOCK>>>>>THEY ALL SUCK!
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