Eugene David
...The One-Minute Pundit

Friday, January 12, 2007


What is the purpose of GE Bancorp and Realty? Is it a holding company? A conglomerate? What is the point of buying and selling and wheeling and dealing all these assets? To us Bancorp looks sometimes like a Tyco with a good rep and a triple-A bond rating. Maybe Republicans can explain the point of it.

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