GE CEO Slams Whistleblower Report As ‘Market Manipulation’

  • 📰 Forbes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The investigation claims GE is a “bigger fraud than Enron”

“I need to get paid, I have a family to support” when asked if he has any conflicts-of-interests.In a statement responding to the report, the company said,"The claims made by Mr. Markopolos are meritless. The Company has never met, spoken to or had contact with Mr. Markopolos, and we are extremely disappointed that an individual with no direct knowledge of GE would choose to make such serious and unsubstantiated claims.

Markopolos said he shared his findings with law enforcement, but didn’t go to GE because he didn’t want to give them time to destroy any files.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

GE CEO calls Markopolos report 'market manipulation' and 'false'General Electric Co Chief Executive Larry Culp said on Thursday that a report al... Open the books, and lets see then. Someone made a lot of money short selling GE stock today. ThatssRich But what if it's true 😳
Source: Reuters - 🏆 2. / 97 Read more »