This article is rather funny
https://www.marketwatch.com/story/investors-who-paid-attention-to-ges-accounting-saw-trouble-coming-2018-06-25
Look idiots at marketwatch ...John Flannery has to be transparent he has no option. There is no GE finance anymore to cook the books. In my opinion this was how Jack was able to make his numbers quarter over quarter (the black box division named GE finance) . Have you ever gone back and looked at how GE never pays taxes quarter after quarter. Once the financial crisis hit. GE finance was put on the clock and also in the SIFI category and Jeff did not want to be micromanaged and regulated like the large banks. So, he sold off or spun off the division , you all know Synchrony right ?? Lots of us drank the blue kool-aid Jeff handed out y him concentrating on industrial segments. The reality is GE cannot manage it's own existing divisions let alone acquire more companies like Alstom. So, take your medicine GE and watch the stock continue to drop. Until the dividend is cut again or you generate more money than you send out the door...things are going to be tough. GE power is not going to help the situation for years to come , so good luck.