Home Videos Why GE Just Had Its Worst One-Day Loss in 11 Years

Why GE Just Had Its Worst One-Day Loss in 11 Years

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Date: 2019-08-15 21:47:58

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Aug.15 — General Electric Co. tumbled the most since 2008 after a prominent financial examiner working with a short seller accused the company of “accounting fraud.” GE Chief Executive Officer Larry Culp called the claims “market manipulation — pure and simple.” Bloomberg Opinion’s Brooke Sutherland has more on “Bloomberg Markets: What’d You Miss?” Sutherland’s opinions are her own.

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