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Tuesday, February 3, 2009
GE Delivers
General Electric delivered results in a very tough environment,CEO Jeff Immelt said.Our cash was very strong.Our liquidity was very strong at the end of the year.We've met or beat every cash number since the crisis began.We've got 48 billion of cash on hand.It makes me feel good about the dividend.We've got the cash and the operating model that's gonna secure the dividend in this environment.We've got a 100 billion revenue,Jeff Immelt noted.
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