General Electric may be the company most intimately connected to government. GE spent more on lobbying than any other company last quarter and over the past decade. The company’s ecomagination and healthymagination tie it up with Obama’s two biggest policy priorities–cap & trade and health-care overhaul.
So, it’s interesting to see this lead in a Bloomberg piece just now:
General Electric Co. rose the most in three months after U.S. Representative Barney Frank said manufacturers that already own finance businesses should be allowed to keep the units under revised banking rules.
And while I’m talking about GE, I just found this story from May: Obama’s pick for Assistant Attorney General for the Environment is GE’s former environmental council, Ignacia Moreno.
