• sugar_in_your_tea
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    5 hours ago

    Well yeah, their stock cratered in 2008, they recovered a bit, but they had fundamental problems remained and the stock crashed again in 2017 during a market-wide bull run. They had everything to gain, but made tons of terrible choices (they owned NBC and a bank for some reason) and it all came back to haunt them.

    The GE that was great last century is no more.