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CNBC's parent company GE is using it to put out corporate propaganda as to it's condition.

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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:29 AM
Original message
CNBC's parent company GE is using it to put out corporate propaganda as to it's condition.
Just now, they had their CFO on talking up the condition of GE Capital, their financial division.
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:31 AM
Response to Original message
1. are they running like chickens with the heads coming off yet?
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:35 AM
Response to Reply #1
3. No mention so far of Stewart last night, and both of the reporters...
looked like they shit their pants when another one, Erin Burnett, brought up that all the other companies that failed said the same thing.

This is funny.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:32 AM
Response to Original message
2. This is extremely outrageous...
but totally expected. They're not telling people about 90% of GE Capital's books and what's in them, because GE Capital is not a bank and doesn't have to disclose that. :-(

Fucking shits.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:12 AM
Response to Original message
4. Don't trust GE at all. Top of the line SUPER BS artists and propaganda fabricators.
GE's financial side of the house has HEAVY EXPOSURE to foreign sub-prime phony mortgage market.
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:14 AM
Response to Original message
5. So how's GE stock doing these days?
Corporate whores - every last one of them.

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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:34 AM
Response to Original message
6. Fantacizing - if they don't have to report anything, maybe they are laundering.
Sorry to be so disrespectful to GE - the warring news suppresinling slanderers.
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Ikonoklast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 02:16 PM
Response to Original message
7. CNBC is nothing more than shills and touts.
They are carnival barkers trying to get the nickels out of the pockets of the marks.
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Baikonour Donating Member (979 posts) Send PM | Profile | Ignore Thu Mar-05-09 02:19 PM
Response to Original message
8. I wish I could boycott GE.
But they own everything.
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SandWalker1984 Donating Member (533 posts) Send PM | Profile | Ignore Thu Mar-05-09 04:59 PM
Response to Original message
9. Apparently there is a class action lawsuit against GE
A relative that owned GE stock last year told me they just received a notice in the mail that there is a class action lawsuit against GE basically for failure to factually state their financial condition to stockholders.

Anyone know anything else about this lawsuit?
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