Saturday, February 28, 2009

Will GE survive?

GE had its first dividend cut since 1938. The stock has fallen over 75% since last year. As the global economic crisis worsens there is talk its AAA credit rating may be lost.

Why is this important? Well, GE is the only company that is still in the dow jones industrial average from the original thirty. It is the company that John Titor claims built the GE C204 time machine. According to him it uses two tiny black holes to power it gravity distortion unit and is accurate to within 60 years.

But what happens if General Electric goes under? That would mean that we are on a time line that is quite different than the one described by on John Titor. A time line where the GE C204 time machine is never invented.

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