COVID Stimulus Watch Individual Entry

Recipient Company:
General Electric Co
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: 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
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:

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: $12,087,163
Contracting icon
Government-contracting-related Penalties: $41,830,180
Environment icon
Environmental / Healthcare / Safety Penalties: $42,893,380
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: $1,817,638,909
Subsidy Tracker
Violation Tracker

Details on Accountability data sources