Comments by "" (@ericsaxon5736) on "The decline of industrial icon of the US - VisualPolitik EN" video.

  1. GE are scum. I worked for them as part of NBC Universal in 2006. In order to show 'profits' they sold off revenue generating assets, in order to pad their profits because their worthless CEO Jeff Immelt, demanded that each division show a 10% profit per year. So NBC Universal which owned "Law and Order" and other shows, started selling off episodes/seasons of their library, one by one, as a way of generating profit. Thing is, each of those episodes was generating yearly revenue. And once the "worthless" $0 value assets were gone, they ceased to generate revenues, at which point next year's profits had to be found through further, "special accounting." The worthless CEO Jeff Immelt, smiled as 'record profits' came in, year after year because he was such a ponzi scheme genius. GE was playing a shell game of 'imagined profits' for decades and I wouldn't be surprised if their other divisions did the exact same thing. So, their downfall, was a given.
    1