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  • spelgrift commented on Mark Yu's article 12-06 18:32
    Consider Bailing Out of GE
    Once valued over $500 billion two decades ago, the now roughly $66 billion General Electric (GE) has shown consistent business problems. It is only...
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    spelgrift 12-06 18:32
    • It is absolutely crazy to think that the Pension Benefit Guaranty Corporation is going to try and put GE out of business or require GE to post so much security from its business sales that the pension plans will be a much greater drain on the company.   The PBGC is not in the business of putting going concerns out of business, with the result of further increases the PBGC's liabilities. 
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