Wednesday, July 8, 2009

General Electric

GE employs 323,000. Because of Obama's financial system reforms, GE may have to make some radical changes in their company. If they are forced to spin off GE capital, or if their commercial paper rating gets cut, the loss of jobs will be swift and painful. Obama talks so much about "saving" jobs, let's see how many of GE's he destroys in the next year.

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