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Non-Tech : General Electric (GE)
GE 308.95-0.6%Oct 31 9:30 AM EST

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To: Fintas who wrote (3166)11/3/2019 5:22:41 PM
From: E_K_S  Read Replies (1) of 3256
 
What is their work out plan for their $24Bln of unfunded pension liabilities? Typically the end game on these (think GM and some of those airline) is a structured BK. Sometimes they can spinoff one or more of the subsidiary companies and throw in those unfunded pension liabilities and get those off the books.

Is that figured into your charts?

Didn't think so.

FWIW I still own some GE at a $16.00/share cost basis and maybe GE has a plan but have not heard anything yet.

Company still has a lot to clean up IMO.

EKS
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