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Markopolos says GE 'one recession away from Chapter 11' – CNN
Markopolos says GE ‘one recession away from Chapter 11’
“GE is one recession away from Chapter 11. Their balance sheet is in tatters,” Markopolos told Julia Chatterley on CNNi’s “First Move” show Friday. “We’ll see how solvent they are at year end, and we’ll see if they make it into 2020,” he added. GE shares plunged more than 11% Thursday, their worst drop since …
