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by DannyBee
2504 days ago
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The report specifically and repeatedly talks about the genworth spinoff (in multiple sections) and how it was supposed to help in various ways but specifically didn't. Given their stake, this seems like bronte capital trying to do damage control. The report itself would be more persuasive (IMHO) if written less flippantly, but this is definitely not a sane criticism of it ... If you remove the flippancy, there are some serious issues exposed by this report (the GAAP vs SAP accounting tricks GE keeps claiming won't matter but will, double counting BHGE, etc) |
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