Eugene David ...The One-Minute Pundit |
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Saturday, March 07, 2009
Joe is utterly FLABBERGASTED that GE BANCORP is in trouble. We've called it GE BANCORP since we started this blog because we always suspected its treachery; how could it not be treacherous as an asset shuffler, a leader in show-biz -- and having had LEGENDARY WELCH for a CEO? News orgs reported faintly before on what it was up to, notably in insurance -- but they reported it very faintly because news hacks haven't a clue what they're doing. Plus they won't mock a company in THEIR BIZ. That luxury is over, and now we can all look upon LEGENDARY and news hacks alike as FRAUDS. We, however, are NOT surprised.
And now that GE BANCORP's in trouble it's the company's few remaining working stiffs who'll get hurt, the kind we news hacks haven't had to hold our noses to in decades.
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