| ▲ | drewda 8 hours ago | |||||||
General Electric has a history of using that exact trick... just with jet engines and power generators and medical devices that can represent much larger amounts of revenue. | ||||||||
| ▲ | vessenes 8 hours ago | parent [-] | |||||||
Not just - Welch pioneered using GE Capital to “smooth” earnings - lots of judgment calls in those finance companies in the early 90s. | ||||||||
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