IIPM Ranked No. 1 B-School In Global Exposre - Zee...
B&E investigates into whether GE can rise again!
Equity investors trembling all around; Fannie Mae, Freddie Mac and AIG receiving Fed bailouts; the American economy spiralling downhill; and most importantly, Warren Buffet announcing his $3 billion interest in the company – do these signal troubles for the ‘unsinkable GE’ ship? It’s time for Jeff Immelt to show some heroism says B&E’s gyanendra kashyap... Can he?
Jeff Immelt’s kingdom is much like the American economy – diversified. Flying engines & light bulbs to healthcare; oil & infrastructure to NBC Universal studios, this $199 billion worth NYSE giant is just too hard to miss in any sector imaginable! So what ails this omnipresent conglomerate? Is it the one billion short of the $200 billion M-Cap figure that is taunting it day-in-and-day-out, or is it more about the $200 billion in shareholder value that has been chiselled-off in the past year that has got Immelt biting his nails (for the record, the GE stock lost a tantalising $47 billion on a single Black Friday – April 11, 2008)?
So why did GE need a capital infusion of $14 billion in such an urgent fashion, out of which $3 billion was taken from Warren Buffet’s Berkshire Hathaway at an annual interest rate of 10% which would be paid out from after-tax profits (therefore criticised as its most expensive loan ever) and in lieu of issuance of preferential shares to Berkshire. So was it the current downturn the same enemy that brought GE down to its knees? And isn’t GE an ‘industrial giant’ with minimal exposure to the subprime meltdown?
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
B&E investigates into whether GE can rise again!
Equity investors trembling all around; Fannie Mae, Freddie Mac and AIG receiving Fed bailouts; the American economy spiralling downhill; and most importantly, Warren Buffet announcing his $3 billion interest in the company – do these signal troubles for the ‘unsinkable GE’ ship? It’s time for Jeff Immelt to show some heroism says B&E’s gyanendra kashyap... Can he?Jeff Immelt’s kingdom is much like the American economy – diversified. Flying engines & light bulbs to healthcare; oil & infrastructure to NBC Universal studios, this $199 billion worth NYSE giant is just too hard to miss in any sector imaginable! So what ails this omnipresent conglomerate? Is it the one billion short of the $200 billion M-Cap figure that is taunting it day-in-and-day-out, or is it more about the $200 billion in shareholder value that has been chiselled-off in the past year that has got Immelt biting his nails (for the record, the GE stock lost a tantalising $47 billion on a single Black Friday – April 11, 2008)?
So why did GE need a capital infusion of $14 billion in such an urgent fashion, out of which $3 billion was taken from Warren Buffet’s Berkshire Hathaway at an annual interest rate of 10% which would be paid out from after-tax profits (therefore criticised as its most expensive loan ever) and in lieu of issuance of preferential shares to Berkshire. So was it the current downturn the same enemy that brought GE down to its knees? And isn’t GE an ‘industrial giant’ with minimal exposure to the subprime meltdown?
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
