Bigger Fraud than Enron? General Electric

 
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angrypuppy
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PostPosted: Thu Aug 15, 2019 1:01 pm    Post subject: Bigger Fraud than Enron? General Electric

I haven't yet reviewed it past the highlights, but there's a publicly available research report that claims that GE has committed financial fraud on a magnitude that exceeds Enron.

https://www.gefraud.com/

While the whistle blower obviously has a short position, it doesn't mean his accusation is invalid.
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ribeye
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PostPosted: Thu Aug 15, 2019 1:25 pm    Post subject:

No sure if or how this plays into this but GE (along with 17 other corporations) paid no federal income tax from 2008-2015, according to the Institute on Taxation and Economic Policy--Wikipedia lists them as non-partisan though the Wall Street Journal calls them a liberal-leaning think tank. (Too often, I've heard something is called liberal leaning, when all it means is that it might offer some criticism of something Republican's cherish without question.)
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adkindo
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PostPosted: Thu Aug 15, 2019 6:53 pm    Post subject:

ribeye wrote:
No sure if or how this plays into this but GE (along with 17 other corporations) paid no federal income tax from 2008-2015, according to the Institute on Taxation and Economic Policy--Wikipedia lists them as non-partisan though the Wall Street Journal calls them a liberal-leaning think tank. (Too often, I've heard something is called liberal leaning, when all it means is that it might offer some criticism of something Republican's cherish without question.)


It is not only the WSJ that correctly recognizes ITEP as a liberal think tank.....they are universally considered left leaning at a minimum.
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