Andhravodu
Kurra Bewarse Username: Andhravodu
Post Number: 2244 Registered: 04-2017 Posted From: 71.76.73.86
Rating: N/A Votes: 0 | Posted on Friday, August 16, 2019 - 7:28 am: | |
https://www.cnbc.com/2019/08/15/ge-shares-drop-after-madoff-whistleblower-harry- markopolos-raises-red-flags-on-its-accounting.html General Electric shares fall after Madoff whistleblower Harry Markopolos targets the conglomerate in a new report, calling it a bigger fraud than Enron." The 175-page report claims GE was hiding the depths of its financial problems and would need to significantly raise its insurance reserves. It also points out alleged accounting issues with its oil and gas unit. |