Old Project Avalon Forum (ARCHIVE) - View Single Post - Buffett sees economic shambles, still optimistic

peaceandlove · 03-02-2009, 05:35 AM

Older article:

The light dims at General Electric

Once the world's largest company, GE's disastrous exposure to the banking crisis is now a major threat to its future. Stephen Foley reports

Thursday, 26 February 2009

Thomas Edison will be turning in his grave. On his invention of the electric lightbulb and other innovations sits one of the world's biggest, most historic and best respected companies. For the humble lightbulb, through cookers and fridges, to jet engines, medical scanners and nuclear reactors, it is famous throughout the globe for the tradition of inventiveness infused by its legendary founder.

Article Continues: http://www.independent.co.uk/news/bu...c-1632420.html

Interesting Commentary by Mike at Fever I Am youtube channel regarding Buffett, GE, Goldman Sachs and Berkshire:

Video (3:49): http://www.youtube.com/watch?v=7qU6n...e=channel_page

03-02-2009, 05:35 AM	#2
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	The light dims at General Electric Older article: The light dims at General Electric *Once the world's largest company, GE's disastrous exposure to the banking crisis is now a major threat to its future. Stephen Foley reports* Thursday, 26 February 2009 Thomas Edison will be turning in his grave. On his invention of the electric lightbulb and other innovations sits one of the world's biggest, most historic and best respected companies. For the humble lightbulb, through cookers and fridges, to jet engines, medical scanners and nuclear reactors, it is famous throughout the globe for the tradition of inventiveness infused by its legendary founder. Article Continues: http://www.independent.co.uk/news/bu...c-1632420.html Interesting Commentary by Mike at Fever I Am youtube channel regarding Buffett, GE, Goldman Sachs and Berkshire: Video (3:49): http://www.youtube.com/watch?v=7qU6n...e=channel_page