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Old 06-22-2020, 10:53 AM   #2059
lamboguy
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Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
GE

after a 111 year relation, GE just dumped their auditor KPMG.

GE is the company that has been cooking their books for years now. they had all types of gimmicks like pricing their real estate at market to market values and using fake numbers for the value. they have been crunching the channel by pushing their goods to distributors that can't sell them and putting those sales on their books at the end of the quarter, then escalating their sales over and over again quarter by quarter.

now with a new auditor, they will see all this bullshit like flash gordon. i am wondering if they finally have a good CEO and if its time to forget about shorting GE.
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