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APR 26 INDEX APR 28
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from The Nation Magazine
[Information from this site may not be reliable.]
Predator GE: We Bring Bad Things to Life
General Electric made a mess with subprime mortgages in Virginia, but the company is not paying the price. If the Justice Department wants to get serious about investigating financial fraud by Wall Street big boys, it ought to drop by the White House and interview Jeffrey Immelt, CEO of General Electric. Immelt is chair of President Obama’s jobs and competitive council, where he strategizes about how to revive American manufacturing. In some other places, only thirty miles from the White House, Immelt is known as the subprime foreclosure king.
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[Information from this site may not be reliable.]
Predator GE: We Bring Bad Things to Life
General Electric made a mess with subprime mortgages in Virginia, but the company is not paying the price. If the Justice Department wants to get serious about investigating financial fraud by Wall Street big boys, it ought to drop by the White House and interview Jeffrey Immelt, CEO of General Electric. Immelt is chair of President Obama’s jobs and competitive council, where he strategizes about how to revive American manufacturing. In some other places, only thirty miles from the White House, Immelt is known as the subprime foreclosure king.
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from The Spokesman-Review
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