GE has been plagued by financial manipulation and for far too long it has allowed FP&A to direct and get involved with everything. FP&A should be doing planning and analysis based on verified financial information. It should not be directing closes, indicating what entries should be made nor involved with commercial deals or some many other things it does get involved in. Continuation of phony, forced numbers will prevent the General from rising again
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You won't be doing anything at '26' in the spring, you'll see this get clapped again before the holidays. Sell some short calls and collect on the decent wave right now. Even my airlines are up 14%
Lets cut and cut deep, don't care about long-term sustainability, want to flip my stock soon at $ 26 +
If she cuts too far there will be nobody left to get the product out. And if she doesn't focus on ensuring accurate books & records then the game is over
WRONG...Carolina please proceed with aggressive headcount cuts. Bought @ $6 a share, looking to sell in the spring @ $26