They screwed up bad buying Alstom, then they screwed up not funding the one jewel Alstom had in the lab, Mantra Energy(MVTG) reactor that converts CO2 into Syn Gas, a 30 billion dollar a year industry that the Eurozone was set to fund in a pilot plant in Germany. GE buying Alstom and then abandoning the deal was a real bad choice for GE. Time to short this pig for sure. In the mean time MVTG just went from no revenue to 3 million in revenue-sales in the 10-Q filed today.
I watched Kodak and Alcoa go down and sideways for years fixing GE's problems. They are in serious trouble!!!