EST at 15 o’clock on the December 16, GE’s 2009 Investor Conference in New York recommendations. “I usually do not want an up and said, we are lagging behind the (relative overall performance indicators).” GE Chairman and CEO Jeff? Immelt JEEFIMMELT up Thank you all for a joke. Many fund managers under the table into a laugh. The complete atmosphere is relaxed a lot at as soon as. Immelt far more than an hour-long speech, the theme from the really clever?? “To win in the lengthy run.” “This year, I’ve discovered a lot. We call it the economic atmosphere of systemic failure. The economic climate is incredibly negative. But GE came, although not best. We actually discovered a lot, for instance, The best way to lead the GE through difficult economic atmosphere. I’m proud that we did pretty good. “Immelt stated in his opening remarks. “How to handle GE, I assume you’ll find several points, one is to expand our danger management, threat the whole method really should be included. The second may be the GE Economic. We would prefer to GE Finance may be the core of what it the best way to move forward. “Immelt mentioned. But then the outcomes announcement, on getting allowed under the fund managers face grew heavy. GE estimated that about to end in 2008, will profit of 18 billion U.S. dollars. Though the forecast than the end of 2007 is considerably lower, but the S & P 500 companies already are top of the earnings per share will remain at 1.78-1.84 dollars. Breakdown of view, of which the industrial equipment (except consumer appliance and lighting business) 10% annual development. GE monetary year but down 30%. Consumer business fell 65% inside the year. ? ? ? ? Immelt expects the U.S. economic recession has occurred within the circumstances, the GE 2009, operating income of zero development will occur, which is maintained at about 184 billion U.S. dollars this year level. If the environment worsens, it may be down 5%. Among them, a piece of industrial equipment which will continue operating revenue growth of 8% -10%, while financial services that a negative operating income will grow by 5%. GE expects that a financial services business, will profit from the 9 billion U.S. dollars this year, down to the profit of 5 billion U.S. dollars in 2009. But after a large structural adjustment efforts after 2010 there will be 10% of business development. Thus, in 2009, GE forecast earnings per share were 1.24 U.S. dollars. Overall GE’s long-term earnings growth, will remain at 10%. This is a GE 10% of the classic figures, past Welch era, GE always 11% of this increase in scale scale-like precision. Within the era of Immelt, GE is clearly still want to maintain this growth rate. GE stressed that beginning next year, will not be given a month’s income suggestions. In an era of economic recession, such short-term earnings targets every quarter, no doubt a lot of pressure management. The first three quarters of this year, GE has cut its earnings estimates several times, several Wall Street investors attracted criticism. The GE, a local change in the eve. And GE of the complete financial services business, it is the top priority of this change. Throughout 2008, GE financial fourth quarter, up 65% of the diving operations, and could be the largest GE business exposure piece.