"GE is a bankruptcy waiting to happen"

Harry Markopolos, the investigator behind the warnings about Bernard Madoff's Ponzi scheme, is accusing GE of major fraud. GE denies, but the market is ruthless, and the company's stock is in free-fall.
Photo: Susan Walsh / AP / Ritzau Scanpix/AP
Photo: Susan Walsh / AP / Ritzau Scanpix/AP
BY RITZAU FINANS

Financial fraud "bigger than Enron and WorldCom combined" lies hidden within General Electric (GE), says the financial investigator who brought the first warnings about Bernard Madoff's Ponzi scheme in 2008, according to Financial Times.

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