Comments on: Setting the record straight on GE’s annual meeting

By: jeff

jeff — Tue, 27 Apr 2010 13:24:57 +0000

being a GE retiree and stockholder GE had better raise the dividend a lot more than ten cents or bye bye to the stock.GE retirees live on those dividends.a lot of lives have been ruined by GE.i worked 31 long,hard years at GE only to get screwed.thanks JEFF

By: jeff

jeff — Tue, 27 Apr 2010 13:19:19 +0000

time for JEFF IMMELT to step down from the board of directors.a big conflict of interest.it is not fair to ge shareholders.a` big joke if you ask me. jeff lynn,ma

By: Diane shaul

Diane shaul — Tue, 20 Apr 2010 22:34:14 +0000

Hearing today on CNN that GE paid no income tax to United States of America. What a piece of work you are. If you can’t support this country I don’t intend to support you and will NOT BUY GE AT ALL IN THE FUTURE.

By: John G.Mitchell

John G.Mitchell — Thu, 04 Mar 2010 15:17:48 +0000

Mr. Sheffer
As a GE stockholder I am embarrsssed by the video of a MSNBC reporter/commentor lossing his cool when intervewing a Tea Party Leader. He was determined to force the person say things that he knew were not true becsause some people at the Tea Party demonstations held up inapporate signs. With GE stock suffering and business slow why would we want to offend any part of the population. I think we should put some controls on Jeff and have him rain in these MSNBC taking heads. I know we are trying to dump this NBC Universal and the sooner the better. Fox is beating us very badly because they appeal to the silent majority so why don’t we hold Jeff to account for this lack of performance. I would appreciate your comments.

By: mmm - Opportunity

mmm - Opportunity — Wed, 13 May 2009 13:57:45 +0000

Hi Jim Sabo, I think your being a little harsh on GE and Jeff – He was hand picked by Jack Welsh, and has done a superb job of building GE up, moving with the times, making stock holders weatlhy – GEs current price is basically the price of all stocks in the market at the moment, they have all been hammered. I wouldnt being call JI a socialist, cripes he has 120m GE shares so he has been hammered too. What needs to occur, to put in your words hurt CEOs, is legislate ownership, if we had the execs of Fannea Mae, Lehmans, Bears etc own their company – large stock ownership, rather than big cash payments, then you wont see the collapses you saw because these owner/managers wont get high on bubbly investments. Tell me this, if you were paid $100k per year, $40k is cash and $60k is shares would you work differently, maybe more prudently/passionately?

By: Suffering in my Job

Suffering in my Job — Wed, 13 May 2009 13:16:40 +0000

Hello, just a report from downunder, good to see our stock price moving up, but i’m not enjoying myself at the moment as a GE employee. We are all working longer hours, dealing with bollocking red tape you wouldnt believe. In Sydney, Australia, we’ve given this unbelievable Enforceable Undertaking to ASIC, were we will compensate customers who dont pay their debts – What the @#$# – no wonder we’re losing money.

By: Jim Sabo

Jim Sabo — Tue, 12 May 2009 22:45:38 +0000

I have been watching GE very carefully over the past several years and was impressed with all the major accomplishments it has made over its’ history as a company. I watch MSNBC news and I also watch FOX news. I do not affiliate myself with any particular political party but I do consider myself to be a patriot of what this great nation has stood for in the past. As far as Democrats and Liberalism is concerned, it’s gotten way out of hand, and I sincerely believe that this country is on a fast track to socialism. I have owned GE stock with a strong belief in what capitalism stands for but after I learned of Immelts most recent comment that regarded the present U.S. govt. as becoming a partner to GE I decided that at no cost whatsoever will I be a part of a company that supports socialistic standards. It’s a shame that a company that has played such an important role in the success of our capitalistic society, suddenly turn its back on the very people who had such faith in its strength and success. I will be selling all my shares when the bell rings tomorrow morning. When Immelt steps down, and a true American takes back the reins, I’ll buy back in. I encourage all of my fellow stock holders to do the same. If you really want to hurt the "Bad Apple" ceos, hit em hard and deep in their pockets. When have you ever known of a successful company that partners with a government. The fate of GE is in the hands of an incompetant, self-righteous man who does’nt care about its stockholders nor the fate of this once great company.

By: mmm - opportunity!!!

mmm - opportunity!!! — Sun, 10 May 2009 12:33:52 +0000

Hi all, its been early March since I last checked in, sorry been making money on the equities market, well done longterm investor, you said you were purchasing GE when it was around $6, nice solid butt kicking there, likewise, 100%+ in 6 weeks aint too foul!!! I’m still a fair way of my dow 20k by 2010" prediction but i’ll tell you what there aint no recession happening here, I cant get a car park at the local Wal Mart in the middle of the week, tell me thats a recession.
Quote: A recession is when a friend loses their job, a depression is when you lose yours!!!

By: ImaD

ImaD — Sun, 03 May 2009 22:13:22 +0000

Attachment to “comments” for GE’s annual meeting:

The General Electric Company’s board of directors have so seriously damaged, if not destroyed, the financial state and worldly reputation of the company by their obscene monetary pandering of multi millions of dollars to the upper echelons compensations, bonuses and other contrived perks and in so doing have caused the companies stock values to plunge to the likes of those exhibited by GM, Chrysler, Ford and Eastman Kodak. And then they proceed to further trash the companies image by a proposed 68% reduction in the dividend paid out to the stock holders of which many are retired GE employees who depend on those dividends to sustain a decent livelihood. There’s a most unpleasant odor of AIG emanating from halls of corporate and some severe corrective actions are required to restore peace and harmony between ‘the company‘ and it‘s employees (active and retired), stock-holders (actual and potential), associates, buyers and suppliers and customers!

Disclaimer: This comment is not copyrighted and has been submitted for a possible ‘reading ‘ at the 2009 Annual Meeting

By: Joe Mollure

Joe Mollure — Wed, 29 Apr 2009 16:42:57 +0000

I did not attend the GE Annual meeting but I realized the last stock dividend I received will now be cut by 66%. Was there any discussion of a plan to bring the dividend back including a realistic time frame?