Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (188045)	3/3/2009 6:08:44 PM
From: The Reaper	Respond to of 306849

In that context, the Fairfield, Conn.-based conglomerate plans to radically downsize its financial arm and capitalize on the strength of its infrastructure businesses, which are set to benefit from new government spending and demand for improved performance and energy efficiency, according to Immelt. To be ready, he said the Dow component has taken "aggressive" actions to roll back costs, restructure financing and raise cash to grow its company, including the sharp reduction of its quarterly dividend announced last week. See full story. Here comes another AIG. I bet GE has so many skeletons in the closet they've got every dog in the state of Connecticut sniffin' around for the bones. I wonder if they'll top the record loss of 60B that AIG just put up on the scoreboard?