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lasertitsnow t1_izuwlbb wrote

Reply to comment by phiwong in TIL: The GAU-8/A AVENGER was designed and initially produced by an appliance company, General Electric. by visual_observer

GE blew it by getting into finance. With factories all over the world able to make nearly any complex machine the value of GE was stable and undeniable, a blue chip stock. Getting into finance tied GE to the ups and downs of financial markets.

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