Ritu Jha- Jack Welch, CEO of General Electric for past two decades passed away on Sunday, at the age of 84. Welch was surrounded by his friends and family as he breathed his last. His wife, Suzy, said that the cause of his death was renal failure. Welch was a railroad conductor’s son who rose […]
IANS- A whistleblower has accused General Electric (GE) of hiding massive losses by engaging in a $38 billion accounting fraud, which is “bigger than Enron”. In his report this week, investigator Harry Markopolos accused GE of utilizing many of the same accounting tricks as Enron did to mislead the investors. “In fact, GE’s $38 […]
