Going to the GE shareholder meeting.

1flyfisher · Apr 23, 2009

Most shareholder meetings attract the people you are describing.
Not uncommon for there to be an inordinate amount of old folks at a shareholder meeting.
That's the norm. The old folks are the ones that seem to want to go to a shareholder meeting and complain. makes them feel important.....

monty21 · Apr 23, 2009

Quote from KINGOFSHORTS:

Wow tough crowd. The crowd primarily consisted of old folks, lots of folks with canes etc..

Lots of GE retirees with like 50,000 shares etc.. pissed at the dividend cut etc.. They hate CNBC and feel it should be more like FOX.

lots of anti obama talk, how GE is in bed with obama and using CNBC as a propaganda arm. Rick Santelli was mentioned as well, GE share holder revolt talk. Some folks talking about GE tea party etc..

Pissed off old folks waving canes.

I did get to meet the CEO etc..

Lots of these GE shareholders seem a bit out of touch and clueless. And most have big blocks fo 40-50K shares.

They just want their dividends.

KINGOFSHORTS · Apr 23, 2009

hehe GE responding to what happened. They said it was a "Spirited event" hehe that is putting it mildly.

I thought there was going to be a revolt.

http://www.gereports.com/setting-the-record-straight-on-ges-annual-meeting/#comment-6655

LEAPup · Apr 23, 2009

Quote from Clubber Lang:

They toilets were probably clogged with worthless GE shares.

Lol!!!!! I agree!!!

Btw, Bill Oreilly is supposed to be doing a "big story" on GE tonight, and blasting them.

KINGOFSHORTS · Apr 23, 2009

Quote from LEAPup:

Lol!!!!! I agree!!!

Btw, Bill Oreilly is supposed to be doing a "big story" on GE tonight, and blasting them.

What time?

This stuff is actually kind of hilarious.

LEAPup · Apr 23, 2009

8 pm Eastern. It may also be on at 11:00 pm, as a re-play. Please don't hold me to the 11pm time though.

I'll be watching it. Should be interesting.

KINGOFSHORTS · Apr 23, 2009

Quote from LEAPup:

8 pm Eastern. It may also be on at 11:00 pm, as a re-play. Please don't hold me to the 11pm time though.

I'll be watching it. Should be interesting.

Wow I need to tape the 11 oclock one. That was good hehe.

Well if GE and Obama take over in some orwellian new world order I do have 1 share certificate which should give me a pass to cross the security check marks in the future.

That Cap and trade stuff sounds like money. I welcome our new overlords. "General Obama Electric"

http://www.nypost.com/seven/04162009/gossip/pagesix/cnbc_sweats_obama_bashing_164608.htm

EMRGLOBAL · Apr 23, 2009

http://www.hollywoodreporter.com/hr/content_display/news/e3i888016761f9ec824f862a5c265de605c\

Rea and make your own conclusion.

I heard i was a riot about to happen.

canuckrookie · Apr 24, 2009

Quote from KINGOFSHORTS:

Same old boiler plate stuff. nothing new.

But I found the crowd reaction and makeup interesting though. Lots of stupid questions about crap like why did you cut the dividend, or CNBC should have more family values etc. primarily a gripefest.

Folks were particularly pissed about a redneck comment by someone in CNBC.

Lots of dumb money to be honest, most have 100% in GE stock and pretty much have no real understanding in economics etc.. Why the hell would you be 100% vested in one stock and expect to live soly on the dividends from one stock?

Although the Directors did get relected, GE breakup study failed by 95+%

Employees seem to be lifers, 30 or more years with the company, old school.

One of the last oldschool companies.

Also the bathroom was crowded. Entire board myself, CEO etc.. waiting for stalls to take a piss. Kind of funny. After the ajournment.

LMAO, I would probably have pissed myself laughing if I were there.

LEAPup · Apr 25, 2009

Quote from canuckrookie:

LMAO, I would probably have pissed myself laughing if I were there.

Lol!!! I agree!!

I've gotta ask when it comes to idiots like GE, Odumba "at the wheel," the house, senate, fed, treasury, etc., has America literally gotten so dumbed down (not you guys on here), by the leftist media, leftist press, extremes on the right (kinda rare compared to the leftist media's strenght in numbers), etc., that the people should not be literally allowed to vote anymore without some kind of I.Q test??? You could even make us a less invasive exam like a common sense, no b.s. kind of exam where the questions are like:
(1) "can you actually get fat if you over-indulge at Mcdonald's very often?"
A. True
B. False
C. Consult an attorney if ass grows. (Lol!)
If they answer B or C, no voting! Lol!!!!

Look at this mess we have as a result of what I call "the dumbing of America." These people in charge are simply stupid! Arrogantly stupid if you will.

I tell my baby-boomer parents, "I'm not talking about you, but your generation basically blew it all the way around. Now the baby-boomer generation hands a legacy to their kids, grand kids, and great-grand kids. Not a positive one either..."

O'reilly put Rick Santelli's pic on the screen, and told how Rick was forced to go to some kind of "attitude adjustment" "training" by CNBC/NBC. No question that was because he told the truth on T.V. Amazing concept, reporter tells the truth, then gets an attitude adjustment by his leftist network...

Hmmmmmm? Sounds like the masses (the voters who are now getting their "change."), really are sheeple because they're too stupid to defrentiate between factual (obviously not encouraged) reporting VS. massive nonsense being spewed on most networks, major papers, etc., and the above hypothesis should point that out I hope. You can call me "Mortimer, or Randolph" for the weekend. Lol!!!

Sorry for the rant too! Lol!!