COVID Stimulus Watch Individual Entry

Recipient Company:
General Electric Co
Loan or Loan Guarantee Amount:
$2,145,855

Recipient Details

Ownership Structure: publicly traded (ticker symbol GE)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: General Electric
Headquartered in: Massachusetts
Parent Sector: diversified
Parent Industry: diversified
Employees (prior to pandemic): 205,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $23,748,792
Contracting icon
Government-contracting-related Penalties: $41,830,180
Environment icon
Environmental / Healthcare / Safety Penalties: $34,919,974
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $1,830,749,248
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 486 to 1
CEO Compensation: $24,553,788
Worker Median Pay: $50,471
Tax icon
Total Federal, State, and Local Subsidies: $1,580,804,208
Subsidy Tracker
Violation Tracker

Details on Accountability data sources