“The last time GE cut its dividend was during the Great Depression. If GE is in trouble, God help us all.”– jerry useem
former senior editor of fortune magazine
on february 27, general electric cut its quarterly dividend 66%, to 10 cents a share from 31 cents - the first time its dividend was reduced in 71 years.
yup, that's it, game over, we're f-ed. everybody pile in the joad-mobile and make for vancouver. at least it's pretty here...
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