General Electric has 14 Core Businesses Under the
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General Electric has 14 Core Businesses Under the Corporate Conglomeration Each individual Business has and individual CEO, CFO, several Senior Corp Vice Presidents and usual staff. Each, if were independent would be a Fortune 100 Business. You will not see the reporting of each Quarterly or Annually only the primary Conglomerate. Reading their annual report, you will get lost on the numbers not adding up, this is due to almost 18 Billion annually of "Secure Programs (Black Box) many off "Balance Sheet" operations it is an *asterisk in the Annual Report.
Point Being, accounting measures can be applied many ways.
TORQ was an LLC in the State of UTAH, dissolved and reported as Wholly Owned by DUTV.
JNAP was a Sole Proprietorship operating in a Sovereign Nation, reports are written that the deal was brokered with DUTV and "NOTHING" states the DUTV deal did not go through. We have to wait for the Annual Report.
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