The Washington Post has a major article on a speech by GE's chief executive Jeffrey Immelt in which he condemned efforts to fund the Export-Import Bank as "pathetic." The piece neglected to mention that GE is almost always one of the largest recipients of below market interest rate loans or guarantees from the Export-Import Bank.
The headline also reported Immelt's condemnation of "protectionism." It would have been worth pointing out that much of what GE sells in the United States is produce...
Published on May 04, 2017 11:51