alt Hacker NewsGeneral Electric has a history of using that exact trick... just with jet engines and power generators and medical devices that can represent much larger amounts of revenue.
General Electric has a history of using that exact trick... just with jet engines and power generators and medical devices that can represent much larger amounts of revenue.
Not just - Welch pioneered using GE Capital to “smooth” earnings - lots of judgment calls in those finance companies in the early 90s.