GE’s Dividend Head-Fake

• Report this Comment On February 27, 2009, at 4:55 PM, osborta wrote:

  GE was supposed to be different. This is a company that barely completes a sentence without using the word "integrity". Look out below Monday! As investors digest that, when it comes to integrity and Management's control of the business, GE is no better (and possibly much worse) than AIG, Lehmann Bros, Citi, BAC, GM, F, . . . . .

• Report this Comment On February 27, 2009, at 9:39 PM, StarWitchDoctor wrote:

  If managemnet was restponsible, the cut would have been 100%. As a GE investor I am upset about the lack of response and transparency in the face of what is indeed an upsetting economy. If you are worried about your 21 cents, so be it but some one said its dividend wise is stock value foolish.

• Report this Comment On February 27, 2009, at 9:40 PM, StarWitchDoctor wrote:

  duh. if management was resonsible, .......the cut would have been

• Report this Comment On February 27, 2009, at 11:24 PM, Newton50 wrote:

  How can you tell the difference between an "overly optimistic CEO" and a liar? When a CEO makes a commitment to holding the dividend, then cuts it a month later, that's called being a liar in my book. He should go to prison for fraud. As far as I'm concerned, GE is now a company run by a deliberate liar. Break my trust and guess what I do? Take my losses and leave this future penny stock in the dust.

• Report this Comment On February 27, 2009, at 11:29 PM, Newton50 wrote:

  How can you tell the difference between an "overly optimistic CEO" and a liar? When a CEO makes a commitment to holding the dividend, then cuts it a month later, that's called being a liar in my book. He should go to prison for fraud. As far as I'm concerned, GE is now a company run by a deliberate liar. Break my trust and guess what I do? Take my losses and leave this future penny stock in the dust.

• Report this Comment On February 28, 2009, at 10:51 PM, esxokm wrote:

  I know the company I am about to mention doesn't fit the theme of this article per se, but when you ask "who'll be next" to engage dividend reduction tactics, I think we should all look at WWE and its cash-flow situation.

  Getting back to GE, I have to say that I truly am amazed at how this mighty blue chip has fallen so far. It's a complete mess of a business. And yes, Immelt is obviously a liar. If he isn't, then he's stupid. What GE management should do now is put their imagination to work and think about where the company will be 5 years from now -- and be honest about it. Present worst-case scenarios to go along with the rosy ones. Let shareholders know what's truly going on. GE Capital is, by all accounts, possibly worth zero as some have said; some have even opined it might be worth a negative number. Does management believe that GE, in its current state, is an entity on its way to a breakup? Let us know, guys...

• Report this Comment On March 01, 2009, at 3:12 PM, TMFAleph1 wrote:

  esxokm,

  I'm not sure if you are reacting to Newton50's comment or my article when you write:

  "Immelt is obviously a liar."

  To clarify: I did not call Immelt a liar; that is a serious accusation and one which is difficult to prove. I think one should be more circumspect before making such accusations.

Add your comment.