Thursday, January 25, 2018

GE's Surprise $15 Billion Shortfall Was 14 Years in the Making

16 conference call with management, one analyst asked whether GE still had faith in its auditor, KPMG, while Jeff Sprague of Vertical Research Partners mused, “It's hard to imagine a $15 billion problem materialized in the course of the year.” Ryan Zanin, GE Capital's chief risk officer, blamed increasing ...
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