A fool and his money are soon parted!
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He has to buy stock as part of his job as CEO...it’s a requirement or he’s out of compliance. Don’t read into it.
https://www.cnbc.com/video/2017/11/17/general-electric-ceo-flannery-bought-60k-shares-of-ge-stock.html
It was not 60K at $28 ..read the filing it was at $18 in change ..get ti right or do not post it !
It wasn’t $60k worth of stock, it was 60k shares at $28 a share ($1.1 million) still pocket change to these corrupt executives and does very little to show that he’s fully invested
If I had that kind of coin and the insider knowledge he has ..it is easy money! I call spade a spade and this boy know s he will make some money anyway you cut it.
$60k is pocket change for the upper management at GE. That is 3 days pay for JF.