Its convient now that GE, doesnt want tobe regulated

Discussion in 'Wall St. News' started by mahram, Jun 22, 2009.

  1. Just on cnbc, ge is fighting the governments proposal on being regulated as a financial systemic risk company. Ok back in october, they were fighting tooth and nails tobe put on the lists of "financial companies" that were tobe protected from shortselling. That's pretty convient. Now they are sayiing they are not a financial company but a diversified industrial company, that just happen to have a financing arm.