Here's the full report calling GE 'a bigger fraud than Enron'

United States News News

Here's the full report calling GE 'a bigger fraud than Enron'
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

These are the stocks posting the largest moves before the bell.

The General Electric Co. logo is seen on the company's corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019Enron whistleblower Harry Markopolos released a report on General Electric on Thursday alleging the company was hiding financial problems.

Before the report was made public, GE said in a statement that, "we have never met, spoken to or had contact with this person. While we can't comment on the detailed content of a report that we haven't seen, the allegations we have heard are entirely false and misleading."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GE Is New Target of Madoff WhistleblowerGE Is New Target of Madoff WhistleblowerMadoff whistleblower Harry Markopolos alleges that GE’s cash situation is worse than disclosed and that GE needs to boost its insurance reserves. GE says the claims are false and misleading.
Read more »

GE shares drop after Madoff whistleblower Harry Markopolos raises red flags on its accountingGE shares drop after Madoff whistleblower Harry Markopolos raises red flags on its accountingGE confirmed the existence of the report in a statement to CNBC.
Read more »

Stocks making the biggest moves premarket: Walmart, GE, Tapestry, Alibaba, Boeing & moreStocks making the biggest moves premarket: Walmart, GE, Tapestry, Alibaba, Boeing & moreStocks making the biggest moves premarket: Walmart, GE, Tapestry, Alibaba & more
Read more »

GE shares drop after Madoff whistleblower Harry Markopolos raises red flags on its accountingGE shares drop after Madoff whistleblower Harry Markopolos raises red flags on its accountingGE confirmed the existence of the report in a statement to CNBC.
Read more »

Cannabis firm Tilray posts bigger quarterly loss as investments weighCannabis firm Tilray posts bigger quarterly loss as investments weighCanadian pot producer Tilray Inc reported a bigger quarterly loss on Tuesday, as...
Read more »

The Best Kitchen Gear for College StudentsThe Best Kitchen Gear for College StudentsWhether you're (or your favorite student!) are limited to a microwave in your dorm room or have access to a full kitchen, here's how to stock up on the right cooking equipment to eat better at college.
Read more »



Render Time: 2025-03-13 13:17:43