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A comment on US SEC preparing to scrap quarterly reporting requirement. Parent comment

Re:US SEC preparing to scrap quarterly reporting requirement by vessenes on Monday March 16, 2026 @11:15PM (#47408169)
Not just - Welch pioneered using GE Capital to “smooth” earnings - lots of judgment calls in those finance companies in the early 90s.
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Re:US SEC preparing to scrap quarterly reporting requirement by hattmall on Monday March 16, 2026 @11:52PM (#47408397)
GE's latest trick is to roll long term maintenance contracts into the price of the product and then sell off the unit holding the bag on the maintenance contract. Very shady but very clever.
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