GE stock is down like every other, and in addition, GE got hurt because the company also has a financial component that causes GE to be hit harder along with all the brokerages and banks.
Murdoch's News Corp does not have a financial component, yet their stock is down more than 60%, compared to 50% for GE.
Why doesn't Billo tell you that? The only answer is 'HATE' for GE to have the audacity to honor a contract. Almost forgot, Immelt is also the head of the much Hated (by Billo) NBC, CNBC, MSNBC and whatever else they own.
Here's to you Billo, SCUMBAG EXTRAORDINAIRE.
LOL this video has so much spin.
ch1kusoo 2 years ago
$139 BILLION DOLLARS WENT TO GE. none went to newscorp
coolguy98 2 years ago
This is funny, considering that newscorp recieved NO BAILOUT MONEY!!! GE, the far left company who supported IRAN, which support terrorist groups in IRAQ, received $139 IN BAILOUT MONEY!!! Yeah way to skew the facts. BTW O'reilly show is killing MSNBC ratings every day.
coolguy98 2 years ago
Fox News Channel is the most successful cable channel there is right now. So while advertising may be down, it'll go back up after the economy recovers - it's just a matter of time.
xleax 3 years ago
Excellent.
winner3000 3 years ago