Forbes, Fortune miss the mark

October 22, 2008

   
The October 27th editions of Forbes and Fortune magazines do not provide an accurate picture of GE today nor the actions the company has taken in response to the current financial crisis. GE wants its investors, employees, customers and other stakeholders to get a more balanced and informed view of our company.
   
The October 27th editions of Forbes and Fortune magazines do not provide an accurate picture of GE today nor the actions the company has taken in response to the current financial crisis. GE wants its investors, employees, customers and other stakeholders to get a more balanced and informed view of our company.

Read the Forbes magazine article. Then read our letter to the editor.

Read the Fortune magazine article. Then read our letter to the editor.


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  • kevin gervais

    there is a lack of confidence in ge as seen by bad press, lo stock price, bonds trading below aaa, analyst criticism. u need to engage critics more substantively & publicly. answer critics concerns such as ur lo tangible net worth. could ur dedication to earnings mgmt instead of long term growth & glory be mistaken?

  • Rick Hobbs

    I think GE’s performance speaks for itself. It is long past the time for a substantive leadership shake-up, starting with Immelt. The GE Board of Directors has an oversight responsibility that it is refusing to exercise. Meanwhile…the shareholder value destruction continues. This company has been poorly managed and the Board has been asleep at the switch. I believe the shareholders will hold both to account in the end.