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The $31 billion hole in GE’s balance sheet that keeps growing

By Katherine Chiglinsky, Brandon Kochkodin, and Rick Clough (Originally published by Bloomberg) - It’s a problem that Jeffrey Immelt largely ignored as he tried to appease General Electric Co.’s most vocal shareholders. But it might end up being one of the costliest for John Flannery, GE’s newly anointed CEO, to fix….

[Cross-posted from Bloomberg publication of June 16, 2017
at https://www.bloomberg.com/news/articles/2017-06-16/ge-s-31-billion-hangover-immelt-leaves-behind-big-unfunded-tab]

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