Friday, September 26, 2008

GE Profits Get Zapped

How much you make in PROFIT this year, 'murkn?

"GE cuts forecast as finance unit takes a hit" by Associated Press | September 26, 2008

HARTFORD - The parent company now expects profit for the year to fall about 10 percent, to between $19.5 billion and $21 billion, or $1.95 to $2.10 per share, from its prior forecast of $22 billion to $23 billion, or $2.20 to $2.30 per share.

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Wow, tough hit!!

That's what being a WAR CONTRACTOR will do for you!!!

And I chose to read books and study history!!!


:-(