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Andhravodu
Kurra Bewarse
Username: Andhravodu

Post Number: 2244
Registered: 04-2017
Posted From: 71.76.73.86

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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.

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