UPDATE 6-GE shares fall on Madoff whistleblower calling its finances a fraud
14 Aug UPDATE 6-GE shares fall on Madoff whistleblower calling its finances a fraud
Posted at 21:33h
in
News
by KMFSLLP
General Electric Co shares fell as
much as 15% on Thursday after fraud investigator Harry
Markopolos, who blew the whistle on Bernard Madoff’s Ponzi
scheme, said GE was concealing deep financial problems,
prompting a sharp rebuke from GE’s new CEO.
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