TK
Tom Keene
Host
GE Plunges
Jan 22, 20180 visitors
Francine Lacqua
Cohost
FL
Stage· 6 messages
Jan 22, 2018
TK
Tom Keene · 1:35 PM
Thanks for joining Francine. Let’s get straight to the market, what do you think should happen to GE given the crisis they are in?
FL
Francine Lacqua · 1:36 PM
In the last decade GE has been horrifically run, there needs to be a team that is working hard to take a strong collection of business underneath with greater value and clean them up with proper management.
TK
Tom Keene · 1:38 PM
Obviously it’s up to the board to decide. When you look at a company whether its GE or not, do you think the individual business are stronger together or without?
FL
Francine Lacqua · 1:43 PM
That’s a good question. As you can see below GE was the biggest loser by far in the Dow Jones Industrial average last year, as it struggled with a weak demand for its industrial products.
FL
Francine Lacqua · 1:43 PM
http://cdn.tawkers.com/tawk-comment-image-ff808181-611c627a-0161-1e1c1a07-0018.pngimage
TK
Tom Keene · 1:52 PM
★ Spotlighted from Gabrielle Hamann
“Tom Keene I find you talks so interesting. Do you think GE will have plans to raise new capital and take steps to shore up its cash position?”