Worldcom

GE Accounting Issues ‘Bigger Than Enron,’ Whistleblower Claims

General Electric Co. (GE), which two years ago paid an estimated $32 billion to combine Baker Hughes Inc. with its oil and gas unit to create a mammoth oilfield services enterprise, is fighting back after an accounting expert claimed the conglomerate has obfuscated financial issues and filed inaccurate reports with federal regulators.

August 15, 2019