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Stock impact report

How Risky Is General Electric Company Stock? [The Motley Fool]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: The Motley Fool
How Risky Is General Electric Company Stock? General Electric Company ( NYSE:GE But just how risky is General Electric Company stock? Here are some issues you'll want to consider before you buy. Image Source: Getty Images Decades in the making The current problems GE faces didn't crop up overnight, but built up over a long period of time before coming crashing down. The aftermath has lingered for more than a decade. The genesis of today's issues dates back to GE's former chairman and CEO Jack Welch. It was under Welch's watch that the finance division was allowed to grow and expand beyond its intended role (supporting sales of GE industrial products) into unrelated businesses (such as mortgage lending). These problematic seeds were sown by Welch before his successor Jeff Immelt took over in 00. During the 007 to 009 recession, GE's finance arm caused the company severe financial strains, major asset sales, write offs, a dividend cut, and an embarrassing government bailout. Immelt took Show less Read more
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