General Electric Pursues Pot of Government Stimulus Gold

Wall Street Journal by Elizabeth Williamson, Paul Glader | Nov. 18, 2009 (News Report)

The financial crisis hasn't been kind to General Electric Co. Its stock has lost almost half its value, the government has stepped in to prop up its enormous financial arm, and sales have slumped in core industrial businesses.

But Chief Executive Jeffrey Immelt now has his eye on a huge new pool of potential revenue: Uncle Sam's stimulus dollars. Mr. Immelt, a registered Republican, quips about the shift in thinking in the nation's corner offices: ... Full Story »

Posted by Derek Hawkins - via Wall Street Journal (Most Emailed)

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Subjects: U.S., Politics, Business, Sci/Tech
Topics: U.S. Economy, Lobbying, Obama Administration, Energy
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Posted by: Posted by Derek Hawkins - Nov 16, 2009 - 9:05 AM PST
Reviewed by: Derek Hawkins (review)
Content Type: Article
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Edited by: Derek Hawkins - Nov 18, 2009 - 9:44 AM PST
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 by Derek Hawkins - Nov. 18, 2009
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