GE CEO Larry Culp bought nearly $2 million worth of the company's stock after fraud accusation

Shares of GE were up about 2.5% in after-hours trading.Trending Now.

What’s his salary

Larry Culp Captain of the Titanic

Must have been talking to ex- CEO - Welch ( Joey’s cohost). Welch can instruct him how to get mega- rich while destroying a great Corp .

kuku27 Now money is invested, his hands are clean, is what comes in few days

Nice cover up

It helped in gaining investor confidence and also shows his own commitment and optimism towards company's turnaround. But one question comes to my mind is why was he not under trading window restrictions?

hey CNBC this is a weird bit of 'news', no? Okay, maybe if it were 20 mill but 2.0 mil is nothing for that guy. Give me a break.

It really helped regain investor confidence and shows his own belief/optimism in company's turnaround.

Tusa still says $5 per share. He’s been right so far. Just hold off a bit more

Too little, too late! This stinks to high heaven, so glad I haven't owned the stock in decades!

Its going to be great for a tax loss.

So is this the bottom or is it a trap to move the price lower so he can buy more a lower price

Yeah, pump and dump

The stock looks oversold. Great to see key insiders buying here. GE

He’s taking Warren Buffet’s advice to be greedy when others are fearful

At what price? With below market price? Or on the open market? To create a feeling of a floor? Or to take advantage of the price drop?

And Enron was not a fraud according to the judge who overturned it. Just think corrupt FBI agents took a company down, people lost jobs.

that is confidence in $GE government protections, deals have been made.

I think it should be illegal for s company to buy back stock gives a false out come on stocks

Trying to prove he's not culpable....

calls on sale

Wow new hairstyle 💯 💯

Big bite is always satisfying 😎

remember Welch talking about GE being in a position to be a pioneer because they had extra desks, chairs and offices that new internet companies needed - shady from way back

who cares what a joke

x_zeni it’s all about the matter of time

😖

Didn’t lay do the same at Enron? ge

GE we bring good accounting frauds to life.

realwillmeade

'Market manipulation'?

Big if true

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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 😳
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