GE INVESTORS WILL HAVE TO WAIT BEFORE THEY SEE THE MONEY

“GE came to us on their knees in great distress. You know what, I want some payback. You go to a loanshark – they want you to pay them back, too.” – Ellis Henican

Following General Electric’s $16 billion bailout, investors learned today that they would have to wait until the Federal Reserve regulators finish a thorough review before being permitted to distribute dividends.

E-mail ellis@henican.com
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ELLIS HENICAN is a New York Times bestselling author, a Pulitzer Prize-winning newspaper columnist and a popular TV news pundit. He is also the voice of Stormy on the hit Cartoon Network series Sealab 2021. Ellis is a born storyteller. His How to Catch a Russian Spy, written with American double-agent Naveed Jamali (Scribner), was called “the funniest book I read” by Washington Post critic Carlos Lozada and is being made into a feature film by director Marc Webb (500 Days of Summer, The Amazing Spider Man) for Twentieth Century Fox.

Ellis wrote the ground-breaking Vigilance with longtime New York City police commissioner Ray Kelly (Hachette Books) and Worth Dying For with Navy SEAL commander Rorke Denver (Howard Books), a follow-up to their special-ops bestseller Damn Few (Hyperion). Making It in America, with furniture titan John Bassett III (Center Street), tells how U.S. companies in the Trump era can survive foreign competition and keep American jobs at home. ,Read More

GE INVESTORS WILL HAVE TO WAIT BEFORE THEY SEE THE MONEY

“GE came to us on their knees in great distress. You know what, I want some payback. You go to a loanshark – they want you to pay them back, too.” – Ellis Henican

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