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GE was the most popular industrial stock for hedge funds last quarter. Here are 9 firms that likely took a beating after the stock tanked on fraud cla...

Hedge funds picked a tough time to load up on GE in the second quarter, and those that didn't exit before the August 15 sell-off got whacked.
Harry Markopolos

Famed Madoff whistleblower Harry Markopolos could make millions from his claims General Electric is committing fraud

Harry Markopolos, a whistleblower on the Madoff ponzi scheme, claims General Electric has committed more than $38 billion worth of accounting fraud.
General Electric Chairman and CEO Immelt and staff leave after a meeting with French President at the Elysee Palace in Paris

GE is trading at its lowest level since the financial crisis

CEO John Flannery, who took over last year from Jeff Immelt, has promised to "maintain a disciplined financial policy” that so far has involved slashing the company’s once-dependable dividend yield and selling off underperforming units like healthcare and oil and gas.