Madoff whistleblower: Red flags at General Electric is ‘more serious’ than Enron
(New York Post Business)

General Electric shares fell 5 percent on Thursday after Harry Markopolos, whistleblower in the Bernard Madoff Ponzi scheme case, alleged that company financial filings masked the depths of its problems. Markopolos, in a research report, accused GE of hiding $38.1 billion in potential losses and claimed that the company´s cash situation was far worse than...