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Friday, December 05th, 2008

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Recession 2008: GE’s Warnings Show how the Crisis is Spreading

Apr 15th, 2008 | By John Browne | Category: Stock Market Investing

Last week, General Electric — one of the finest companies in the world and an American icon — announced a major fall in earnings. Amazingly, the bad news surprised Wall Street. GE shares fell 13 percent in a single day. Some surprise!

Tags: American Economy, American Stocks, Bear Stearns, Bernanke, Dow Jones Industrials, fed, GE, inflation, Japanese Yen, real estate, taxation, US dollar, World Market
Posted in Stock Market Investing | 1278Comments2008-04-15+13%3A41%3A15John+Browne

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