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KM Financial Solutions | UPDATE 1-General Electric adds to defense against charges of bogus accounting
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UPDATE 1-General Electric adds to defense against charges of bogus accounting

18 Aug UPDATE 1-General Electric adds to defense against charges of bogus accounting

Posted at 16:52h in News by
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General Electric Co
intensified its defense of accounting practices on Monday after
investors questioned it about an unusual research report
alleging GE failed to put aside money to cover $29 billion in
potential insurance losses and improperly counted profit from
subsidiary Baker Hughes.

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