COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Parent Company: General Electric
Award Date: Jul 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $5,281,667
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:

Parent Company Data

Ownership Structure: publicly traded (ticker symbol GE)
Headquartered in: Massachusetts
Parent Sector: diversified
Parent Industry: diversified
Employees (prior to pandemic): 205,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $23,886,123
Contracting icon
Government-contracting-related Penalties: $41,830,180
Environment icon
Environmental / Healthcare / Safety Penalties: $34,208,089
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $1,630,749,248
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: $1,456,258,086
Subsidy Tracker
Violation Tracker

Details on Accountability data sources