GE is trying to raise cash on the down low. I smell desperation from a desperate company.

Long time readers know my feelings about GE: it will soon out itself as the new AIG.  Few if any agree with me or they would not be willing patsies as GE tries to float another 75 million new shares worth ~$2 bn.  Who is going to buy them?  "Directly to the public".  In other words, Wall St does not want them.  That is a warning sign folks.  GE is divesting units like crazy and now this whaky 2PO which the article, in the understatement of the year, called "far from a traditional capital raise".   Why isn't it front page news that GE needs to dilute in order to raise cash?  This is a big deal!  Why is nobody talking about this and linking it to the all the other recent divestitures:

• NBC Universal
• GE Capital
•  Plans to divest appliance business

And now they need to rush a secondary to market?  Folks, GE is most likely experiencing a significant "liquidity" (solvency) crisis and they are trying to quietly extend and pretend as long as the suckers don't figure it out.

All this does is reinforce my long standing views that GE will BK before the coming collapse is over because it is running a vendor finance scam which can only be supported via the use of a fraudulent money supply which in our case consists of fiat currency and fractional reserve banking.  When the collapse comes I predict that there will be pubic congressional hearings and also criminal fraud charges and long jail sentences for the con men running that show.  Why?  Because they hollowed out GE, loaded it up with debt and are about to dump it on the taxpayer, that's why.  This is completely obvious to me.  So where is the concern by the main stream media?  There is none.  They are bought and paid for.  This is why oligarchs like to buy money-losing media companies: they are great propaganda outlets who bury important things on page 7E while highlighting the latest mass shooting on page 1.