"Despite a volatile environment, our fundamentals
remain very strong."
'We bring good things to
"Does anyone really believe that GE "brings good
things to life?" John Francis
"Jack" Welch, Jr. was Chairman and CEO of General Electric between 1981
and 2001. In 1980, the year before Jack Welch became
CEO, GE recorded revenues of roughly
$26.8 billion; in 2000, the year before he left, revenues were nearly $130
billion. When Jack Welch left GE the incorporation had gone from
a market value of $14 billion to one of more than
$410 billion at the end of 2004, making it the most valuable and largest
incorporation on Earth.
Jack F. Welch had a record salary of $94 million a year, followed by his
record retirement plan of $8 million a year not
including perks such as the use of the corporate jet.
1990: Wilmington, North Carolina: GE fined $20,000 for discrimination against
employees who reported safety violations.
July 27, 1990: Philadelphia,
Pennsylvania: GE fined $30 million for defrauding government in defense
October 11,1990: Waterford, New York: GE fined $176,000 for
pollution at silicone products plant.
May 20,1991: Washington, D.C.: GE
ordered to pay $1 million in damages over improperly tested aircraft parts for
air force and navy.
February 27, 1992: Allentown, Pennsylvania: GE
ordered to pay $80 million in damages for design flaws in nuclear
March 4,1992: Orange County, California: GE fined $11,000
for violating worker safety rules on handling
March 13, 1992:
Wilmington, North Carolina: GE fined $20,000 for safety violations at nuclear
May 22, 1992: Illinois: GE ordered to pay $65 million in
damages for design flaws in nuclear
July 22,1992: Washington, D.C.: GE fined $70 million for
money laundering and fraud
related to the illegal sale of fighter jets to
1992: Chicago, Illinois: GE ordered to pay $1.8 million in damages for an
October 12, 1992: Nashville, Tennessee: GE ordered to
pay $165,000 in damages for deceptive
advertising of light bulbs.
October 27, 1992: Washington, D.C.: GE
ordered to pay $576,215 in damages for overcharging on defense contracts.
May 12, 1992: Washington, D.C.: GE ordered to pay $13.4 million in
damages to whistleblower on illegal sale of
fighter jets to Israel.
March 2, 1993: Riverside, California: GE and others ordered to pay $96
million in damages for contamination from dumping of chemicals.
September 16, 1993: New York: GE ordered to compensate commercial
fisherman $7 million for PCB
contamination of the Hudson River.
October 11, 1993: San Francisco,
California: GE ordered to offer $3.25 million in rebates to
deceptive advertising of light bulbs.
February 2,1994: Perry, Ohio: GE settles with utility companies on
defective Perry Nuclear Plant.
March 14, 1994: Fort Edward, New York: GE ordered to clean up
contamination of sediment in the Hudson River.
September 14, 1994:
Washington, D.C.: GE fined $20 million for overcharges on defense
September 2,1995: Waterford, New York: GE fined $1.5 million
for air pollution and
contamination of Hudson River.
September 15, 1995: Brandon, Florida: GE
fined $137,000 for
September 9, 1996: Waterford, New York: GE fined
$60,000 for Clean Air Act
October 7, 1996: Hendersonville, North Carolina: GE
ordered to clean up contaminated soil and
October 8, 1996: Cook County, Illinois: GE ordered
to pay $15 million as settlement for airline crash in Sioux City, Iowa.
February 22, 1997: Somersworth, New Hampshire: GE and others ordered to
clean up contamination of
groundwater and public water supply.
February 1998: Waterford, New York: GE fined $234,000 for
April 20, 1998: Waterford,New York: GE fined $204,000 for pollution
October 1998: United Kingdom: GE ordered to pay £2
billion for asbestos cleanup and
related pollution claims.
January 24, 1999: Chicago, Illinois: GE
ordered to reimburse consumers $147 million for unfair
September 17, 1999: Moreau, New York: GE ordered to build
drinking water system after
PCB contamination of
October 9, 1999:
Pittsfield, Massachusetts: GE ordered to clean up
PCB pollution in Housatonic River.
October 18, 2000: New York, New York: GE and others ordered to clean up
contamination of soil.
January 2001: New York: GE and others ordered to
refund $4 million in overcharges on mortgage insurance.
In 2005 23 US Senators and 79 United States
Represenatives owned stock in
This is the main reason that the corporate
plutocracy continues to complain
about those 'activist judges'. Without those 'activist judges'
would have far less fines to pay and would have had at least $2,529,553,215
more profit between 1990 and 2001 as well as smaller lawyer bills.
(Some fines may have been or may be reduced or overturned on
a short list of American companies settling
charges or paying fines due to illegal conduct1996 Ameriquest settles charges of
practices with Justice Department for $4 million.
Daniels Midland pays $100 million in fines for the lysine
price-fixing case and several executives
Lysine makes chickens fat, dumb, and happy.
Ajinimoto and Kyowa Hakko Kogyo of Japan, and Sewon Corporation and
Cheil Jedung of Korea with Archer Daniels Midland form a cartel to
restrict production of lysine to boost the market price.
Daniels Midland violates the Sherman Antitrust Act of 1890 by fixing
the price of three commodities - lysine, citric acid,
high fructose corn syrup - in
the late 1980's and early 1990's.
1998 Bank of America
pays $187.5 million to settle charges that it illegally kept unclaimed bond
proceeds from the state of California and more than 1,000 cities, counties and
public agencies statewide.
2000 Wyeth pays a $30 million
fine for failing to comply with good manufacturing practices.
Archer Daniels Midland is one of five companies fined by the European
Commission for operating a worldwide cartel for citric acid, used as a food
preservative, from 1991 to 1995.
2002 Schering-Plough, the maker of
Claritin®, is fined $500 million by the FDA
for quality-control problems at four of its factories.
2003 Cephalon pleads guilty
in an off-label marketing
scheme and pays a $375 fine for the off-label marketing the narcotic lollipop
Actiq® ("fentanyl citrate") as well as Gabitril® (an
epilepsy medication) and
Provigil® (a narcolepsy medication).
Sales representative, Bruce
Boise, fails to follow sales strategies to convince doctors to prescribe
Actiq®, Gabitril® and Provigil® for
reaches a $425 million settlement with Bruce Boise over mandated illegal sales
practices touting dangerous
2004 Archer Daniels
Midland agrees to pay $400 million to settle civil class-action lawsuit
accusing incorporation of fixing prices of
high fructose corn
Archer Daniels Midland fined $48.3 million by the
European Commission for fixing citric acid prices.
Ameriquest settles class-action lawsuit
charging it had defrauded
borrowers in four states for $50 million.
controlled by billionaire Roland E. Arnall through ACC
Roland E. Arnall is appointed
US ambassador to the Netherlands by
Bristol-Myers Squibb is ordered by
the SEC to pay $150 million to
settle charges of inflating its revenue by $1.5 billion in 2000 and
British Petroleum West Coast
Products agrees to fines, health programs and improvements totaling a $81
million for thousands of
pollution violations over the past decade at its Carson, California oil
South Coast Air Quality Management District residents suffer
dizziness, headaches and respiratory ailments.
pollution affects 21 public schools between 1991 and 2001, forcing three
public schools to close.
Accounting firm KPMG, a professional service
incorporation and one of the Big Four auditors, along with Deloitte, EY and
PwC, agrees to pay $456 million to the federal government for creating bogus
tax shelters for the wealthy.
Walmart is fined over
$135 thousand for allowing children to operate heavy machinery.
Walmart settles charges by paying fine of $11 million for hiring
AT&T agrees to pay $25 million for failing to properly maintain a
network of underground storage tanks throughout California.
Boeing settles charges of
contract rigging with Justice Department for $615 million.
Prudential Financial admits
criminal wrongdoing and agrees to pay a
fine of $600 million for improper mutual fund
Prudential Insurance agrees to pay $19 million in
restitution and penalties for bid rigging, price fixing and broker kickbacks.
As part of the settlement Prudential agrees to disclose broker
From 1999 to 2005 Prudential paid $60 in 'contingent
fees' to brokers on $18 billion worth of life, disability and long term care
Bank and Trilegiant agreed to pay $14.5 million for tricking customers with
'free' membership in discount programs.
A check was sent for $10, which
when cashed enrolled the mark in the discount program.
initial 'free' period members were charged a fee of $99 for annual membership
in the discount program.
Chase Bank customer lists.
Fidelity agrees to reimburse $42 million to it's mutual funds to cover
losses by it's stock traders caused by steering business to brokerages that
Eight former traders at Fidelity agrees to pay over
$1 million to settle federal regulatory claims that they had accepted gifts
from brokers seeking business.
Farmers Insurance settled charges of
replacing parts in vehicles damaged in collisions with substandard parts for
$17 million to the lawyers and $20 to $40 to each plantiff in a class action
Overseas Shipholding is fined $37 million for
dumping oil waste and sludge
in the ocean.
2007 Walmart settled
charges that it failed to pay overtime agreeing to pay it's workers $33
settles with 30 states for $8 million for failing to adequately warn
consumers of the risks associated with
the use of the cholesteral reducing drug
Baycol® which was sold
from 1998 to August 2001 when it was withdrawn from the
Pfizer pays $35 million
for offering kickbacks along with the illegal promotion of the human growth
hormone product Genotropin®.
May 2004, Pfizer,
Bristol-Myers Squibb and four other
drug companies have paid a total of $7 billion in fines and
In September 2007, New York-based
Bristol-Myers paid $515 million - without
admitting or denying wrongdoing - to federal and state governments in a civil
lawsuit brought by the Justice Department.
The six other companies
plead guilty in criminal cases." - David Evans
pays $8 million in March 2008 to settle
SEC claims that its employees had
received over $1.6 million in gifts for routing transactions through brokers
EPA fines Infineum, a joint venture between
Shell Oil, $950,000 for
using a new chemical in its auto products before the chemical had undergone the
required 90-day review.
EPA fines Clorox $177,300 for the American
distribution of unregistered and mislabeled disinfectant bleach intended only
for Asian export.
Lonza Inc., the largest American manufacturer of
hospital disinfectants, is fined $202,500 for making the false claim that its
disinfectant products Formula 158 Lemon Disinfectant®, Fresh and Clean®
and REV® actually worked.
Formula 158 Lemon Disinfectant® and
Fresh and Clean® did not kill Pseudomonas Aeruginosa, and REV®
did not kill either the Pseudomonas aeruginosa or Staphylococcus
aureus, as claimed on the label.
Lonza Inc. is the American subsidiary of the Lonza Group a Swiss
chemicals and biotech corporation, headquartered in
This web site is not a commercial web site and
is presented for educational
This website defines a
new perspective with which to engage reality to which its author adheres. The
author feels that the falsification of reality outside personal experience has
forged a populace unable to discern propaganda
from reality and that this has been done purposefully by an
international corporate cartel through
their agents who wish to foist a corrupt version of reality on the human race.
occurs when any group refuses to tolerate religious practices, religious
beliefs or persons due to their religious ideology. This web site marks the
founding of a system of philosophy named The Truth of the Way of the Lumière Infinie - a
rational religion based on reason which requires no leap of faith, accepts no
tithes, has no supreme leader, no church buildings and in which each and every
individual is encouraged to develop a personal relation with the Creator and
Sustainer through the pursuit of the knowledge of reality in the hope of curing
the spiritual corruption that has enveloped the human spirit. The tenets of The
Truth of the Way of the Lumière Infinie are spelled out in detail on this web site by the
author. Violent acts against individuals due to their religious beliefs in
America is considered a "hate crime."
This web site in no way condones
violence. To the contrary the intent here is to reduce the violence that is
already occurring due to the international corporate cartels
desire to control the human
race. The international corporate cartel
already controls the world economic system, corporate media worldwide, the
global industrial military entertainment complex and is responsible for the
collapse of morals, the elevation of self-centered behavior and the destruction of
global ecosystems. Civilization is based on cooperation. Cooperation does not
occur at the point of a gun.
American social mores and values have
declined precipitously over the last century as the corrupt international
cartel has garnered more and more power. This power rests in the ability to
deceive the populace in general through corporate media by pressing emotional
buttons which have been preprogrammed into the population through prior mass
media psychological operations. The results have been the destruction of the
family and the destruction of social structures that do not adhere to the
corrupt international elites vision of a
perfect world. Through distraction and coercion the direction of thought of
the bulk of the population has been directed toward solutions proposed by the
corrupt international elite that further consolidates their power and which
further their purposes.
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their writings, showed the capacity for intelligent, reasonable, rational,
insightful and unpopular thought. All factual information presented on this web
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redacted, combined, added to, re-edited and re-corrected as nearly all opinion
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clearer and relevant to the reader in the present time.
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