Cutting the dividend to 1 cent was a very poor decision by Culp. All the retail investors have sold out and only the shorts are playing GE as we head into the next recession in 2019. There is no bottom limit as these speculators and quants have total... — read more 

I hope the UBS analyst sees something that I don’t, and that he turns out to be right, even though, with everything that’s happening, I find this hard to believe. One year is not a lot of time, and so far the only thing that we’ve seen from the... — read more 

Got our official talking points today, what we are allowed to tell family and friends about how much we love GE and how great it all is. Have to admit, first time I have seen an email like that one. What happens if we slip up and admit the company is... — read more 

Last year, Rice was GE’s fifth highest-paid executive, behind former CEOs Jeff Immelt and John Flannery, former Chief Financial Officer Jeff Bornstein and former Vice Chair Beth Comstock. He earned $7.9 million in 2017, according to GE's most recent... — read more 

Did John Rice get a large retirement package and in less than a year is already back. Seems like that would be double dipping. Sure hope that is not the case. If that is the case, this would be another example of.......

really? rice is back to stir things up. he was weak when he was in charge of Power and then pushed to the lower business in favor of Krenicki. why bring him back now? and at what cost?

https://markets.businessinsider.com/news/stocks/general-electric-stock-price-20-billion-funding-gap-ge-capital-goldman-2018-11-1027736553

Watch out, power employees!!!

Between the shuffle of Strazik, Stokes, and Rice, who expects GE Power to actually turn around and succeed now? They might as well have said "all hands abandon ship."

GE Power remains in Major Trouble. 2019 is forecasted to be another down year as overall power products are in decline globally. Adding salt to the wound, GE has a reputation of producing flawed gas turbines in a market that it once dominated. GE has... — read more 

Never heard of any GE leadership program candidate getting laid off or fired? They either get promoted or move to lateral roles and leave their sh-- to be cleaned by others. Why is this? For some reason all these so called "leaders" know which... — read more 

I appreciate a good chuckle now and then as much as anyone. I understand that the General has earned a great deal of criticism, and frankly should not be allowed to skate by (like so many of its prior leaders) unpunished. However, given the full... — read more 

This is a clear example of what the market predicts will happen to the value of GE. It's not just that the company just needs to raise cash, but if something radical is not done soon regarding the companies performance we will continue the downfall... — read more 

Anyone else seeing teams of these casholes shred documents like their lives depended on it? These kids are dumb as f&$@ if they think that is the best way to move forward.

https://www.forbes.com/sites/antoinegara/2018/11/16/how-jeff-immelts-courtship-of-an-activist-investor-backfired-for-ge-shareholders/

I see a lot of different opinions about the announced sale of the company’s stake in Baker Hughes these days, but as time goes on more and more skepticism comes to the surface. Shareholders are apparently very uncomfortable with this decision, the... — read more 

https://www.google.com/amp/s/www.cnbc.com/amp/2018/11/15/cramer-on-ge-the-analysts-got-it-right-and-the-ceos-got-it-wrong.html

"The worst decisions you ever make are on people," he said. JW agrees. https://www.google.com/amp/s/amp.cnn.com/cnn/2018/11/15/business/ge-jeff-immelt-ceo/index.html

Far From GE’s Collapse, Jeff Immelt Is Wheeling and Dealing Again (I hear they got an opening in Whitey Buglers old cell for Jeff) While General Electric Co. was in meltdown mode this week, the former CEO that many blame for creating the mess was out... — read more 

A good offer to retire and walk out the door, gotta go for it

https://www.foxbusiness.com/business-leaders/ges-balance-sheet-is-the-cause-of-its-demise-bob-wright

I gotta admit that I imagined that this reorganisation of GE would start of in a different way and that the” infected tissue” would have been cut of first and then that the leadership would decide how to organize the remaining parts. Don’t get me... — read more 

There was talk about changes being made to severance a while back, if I remember correctly. Has anything come out of that?

From the GE 3Q 2018 10-Q form (page 68) https://www.ge.com/investor-relations/sites/default/files/ge_webcast_10Q_10302018.pdf Assets: $311.6bn - Goodwill $60bn = $251bn Liabilities = $263.5bn Net worth = -12bn Number of shares outstanding : 8.6bn... — read more 

Time is running out for fossil turbines. Spin off GE Gas Power ASAP. https://www.mirror.co.uk/science/china-built-artificial-sun-its-13588517

Thanks for all you do...and for your families to have more time at home with you over the holidays and then many more days to come. That's right GEP engineering and other orgs are planning for layoffs to be announced Monday Nov 26. Something like... — read more 

https://seekingalpha.com/article/4221891-ge-will-split-sum-parts

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-11-13/ge-agrees-to-cut-its-stake-in-baker-hughes-to-just-above-50

Steven Winoker -- UBS -- Analyst Larry, if I think back to when Dave Cote took over Honeywell and Ed Breen took over Tyco in similarly difficult times and you've got Capital, the thing that's striking the most to me is at least these expanded... — read more 

https://www.fool.com/earnings/call-transcripts/2018/10/30/general-electric-company-ge-q3-2018-earnings-confe.aspx H. Lawrence Culp -- Chairman and Chief Executive Officer Sure. Let me take those in order. Biggest misperceptions, Deane, there are a... — read more 

https://www.foxbusiness.com/markets/ge-turns-to-wall-street-to-reorganize-as-blackstone-eyes-assets.amp

GE should get rid of ALL non performing CAS. These buggers only audited to "make" contacts and leveraged it in getting promoted. Now since GE is going through the hardship, these CAS are stripped naked. I know so many of them abandoning the ship like... — read more 

This isn’t looking good. I know it was anticipated that some parts of the company would have been sold, but when the CEO goes public and says that he “ feels the urgency” to sell off assets in order to raise cash to keep the company afloat I have the... — read more 

If systems and process were implemented and understood properly would be no reason to break the Power P&Ls. Unless of course it is getting to the inevitable of more business sales

When the new CEO has to knee jerk a response to the company's stock devaluation, it gives me a feeling we are seeing the beginning of the end. The GE culture has eaten it's self. The machine that became too big to fix, has begun to destroy it's self... — read more 

Culp will make drastic changes! Selling healthcare and more layoffs for power.

https://www.cnbc.com/2018/11/12/cnbc-exclusive-cnbc-transcript-ge-chairman-and-ceo-larry-culp-speaks-with-cnbcs-david-faber-today.html

https://www.cnbc.com/2018/11/12/ge-ceo-quick-comments-about-health-spinoff-could-mean-an-outright-sale.html