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The GE Octopus

Written By mista sense on Tuesday, June 16, 2009 | 9:26 AM






In 1901, legendary muckraking journalist Frank Norris wrote The Octopus, about Standard Oil's chokehold on the California economy.

Today, we need new muckrakers to make sense of a whole new wave of corporate scandals, most of which involve big business getting into bed with big government. A case in point is Jeff Immelt's relationship with Barack Obama, and, more to the point, General Electric's relationship with the US government.

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