Thread regarding GE Power layoffs

Should X CEO Immelt & X CFO Borstein be held accountable?

I am sorry but the scope of what has happened to GE is unthinkable. How can this company go from false sense of security to it imploding on itself? From what we all have been hearing in the news, my simple question is, how could these two not have known? I am sure I could add a few more names. SOMEONE HAD TO KNOW WHAT WAS WHAT...………………………...

They both cooked the books--in my opinion. They knew the truth was about to unfold, so they took their awards and got out while the going was good, before the axe would fall.

They in a sense have affected 600,000 of us. The employees deserve much more. They had no respect for us by letting the pension fund get to where it is today! That is just one example..

They dont need the money, we do!!!!!! We built GE for what it is today! They didn't. They came in … took their ridiculously unfair wages and ran.

Sorry GUYS. I lost all respect for U... U f---ed with my finances... U let your egos ruin GE. U made some horrible business decisions..

HOW DO U PEOPLE FEEL? WE ARE 600,000. STRONG TO JUST A FEW CON MEN.. I PRAY THE DOJ SEEKS JUSTICE. THE LEGAL SYSTEM HAS TO COME THROUGH FOR US. Thank you...………….

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Post ID: @OP+W8nfh6c

4 replies (most recent on top)

"A website has been set up to disseminate the report, www.GEfraud.com, where Markopolos calls it “a bigger fraud than Enron.” The financial investigator, who was probing GE for an unidentified hedge fund, writes that after more than a year of research he has discovered “an Enronesque business approach that has left GE on the verge of insolvency.”"

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Post ID: @4qojg+W8nfh6c

Yes they should be investigated and prosecuted if found negligent!

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Post ID: @6qcf+W8nfh6c

When the Enron scandal hit, I was thankful I worked for a company where that could never happen.

Oops.

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Post ID: @1uip+W8nfh6c

You know what it really sad? Bet GE would have to pay for the legal expenses for these leaders who knowing made decisions that they made millions on. They talk about integrity but they. BS...

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Post ID: @1fiw+W8nfh6c

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