Lee Iaccoca, who died last July, became a legend in the US auto industry in 1978, when he turned around Chrysler (with a billion dollar boost from the government...) at the time it was in the throes of collapse. What would he think of dissolving his company in a merger with several international companies in a context of globalization?
On August 15, Harry Markopolos, a well-known whistleblower, predicted the imminent end of General Electric in a report entitled "General Electric, a bigger fraud than Enron". The paper caused quite a stir but seemed to be just a few circles in the water.
With a delay announced in February, the firm published in June its final accounts 2018, including a restatement on the accounts 2016 and 2017. No significant change on the latter, the net earnings per share down from $ 9.03 to $ 8.98 for 2017.