Goldman Sachs contrasts the Madoff whistleblower's allegations of fraud at GE, saying its insurance reserves 'compare favorably to peers' (GE)

Credit: Business Insider- Published on August 16, 2019
· *A Friday Goldman Sachs note contrasted with the controversial General Electric whistleblower report, saying the conglomerate's long-term care reserves "compare favorably to peers."*
· *Analyst Alex Scott compared GE's reserves to Prudential's block of individual policies, finding Prudential had about $66,000 reserves per...

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