Skip to comments.GE's Immelt: Stimulus Efforts To Build In 2H
Posted on 07/17/2009 7:08:08 AM PDT by Oldeconomybuyer
General Electric Co. (GE) Chief Executive Jeff Immelt said Friday that government stimulus programs were "non-factors" during the first half of 2009, but remains optimistic that they will start gaining traction.
Immelt reiterated that GE is well positioned to target up to about $200 billion in revenue from global stimulus efforts, notably in the clean energy, health care and transportation sectors.
(Excerpt) Read more at online.wsj.com ...
I’m glad I sold my GE. I will never buy them again.
IOW, the inept Immelt is relying on govt. to save his company...what a dush
The stimulus is somewhat like going to the see the doctor for virus-based cold. You can wait seven days and get better or you can spend a bunch of money and get better in a week. Taking antibiotics you don’t need has long-term adverse consequences plus you could pick up something in the waiting room you didn’t have before.
Immelt pimping for Obama again.
“GE is well positioned to target up to about $200 billion in revenue from global stimulus”
Immelt is definitely a government butt-boy. Like above I will stay clear of any GE investments.
They won't be GE.
I am in the process of buying all new appliances for my retirement home. I went to the store and told them I would look at everything but GE. And not to show me anything that had another name but was made by GE.
well, no duh that GE will profit from the stimulus. The real question isn’t about his company but how it will affect the entire economy and if it will create meaningful jobs. Odds are it won’t do much to aid the economy but just line the pockets of select companies that pose to benefit from it.
GE = Another huge corporation dependent on Government largesse and liberal policies.
Yet the libbies keep on repeating the “Corporations are part of the Republican Party” lie.
Anyone else notice that once GE started advertising on Fox, Glenn Beck and Bill O’Reilly have greatly reduced their attacks on Immelt and GE?
Did I hear P.T. Barnum chuckling in the background???
Audit: States Using Stimulus Just To Stay Afloat
Hey. Quick. We gotta turn on CNBC and see and hear what neutral business observers have to say.
GE. Hmmmmmmmmmm . . . . .
Doesn’t that stand for Government Expansion?????
Maybe Giant Ego... (it’s all about me, after all)
Government Electric. Bass turds.
Lean forward and say Ohhhh, Greg. You’ll figure out the next step.
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