General Electric Agrees to Pay $1.5 Billion Penalty for Alleged Misrepresentations Concerning Subprime Loans Included in Residential MBS

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, April 12, 2019 General Electric Agrees to Pay $1.5 Billion Penalty for Alleged Misrepresentations Concerning Subprime Loans Included in Residential Mortgage-Backed Securities The Department of Justice today announced that …

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How Much Copper is in an Electric Vehicle?

via visualcapitalist: Copper’s special relationship with electricity has been apparent since ship designers first regularly began installing copper to protect the masts of wooden ships from lightning in the early 19th century. Today, of course, you might be more used to …

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The Electric Surtax

via Eric Peters Porsches have never been inexpensive – but they’re about to become more so. You could call it the electric surtax – because that’s what it amounts to. And it’s probably going to be applied to us all, eventually. Porsche corporate …

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General Electric Fires John Flannery as CEO, takes $23 billion non-cash charge for Power business problems and withdraws guidance. Lawrence Culp takes Over as Chairman and CEO

General Electric abruptly removes John Flannery as chairman and CEO and installs former Danaher CEO Lawrence Culp as his successor. The board had grown frustrated with the slow pace of change under Flannery, sources familiar with the issue say. GE …

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General Electric in Full Retreat

by BILL BONNER BALTIMORE – The titans of one era become the schmucks of the next. Marshal Michel Ney, one of France’s greatest soldiers, was executed by his own people… who later put up a statue of him in Paris. General …

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Wow! GOP Tax Bill Just Lowered The Electric Bill

https://www.youtube.com/watch?v=y3jKVAIZtLQ Wow! GOP Tax Bill Just Lowered The Electric Bill http://redstatewatcher.com/article.as… Pepco says it will lower electric bills for almost 300,000 ratepayers in D.C., largely because its corporate tax rate was slashed from 35 to 21 percent in GOP tax …

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