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Article

12 Jan 2006

Author:
William Baue, SocialFunds.com

GE Comes Clean, Disclosing Costs Related to PCB Cleanup on the Hudson

The move prompts the Tri-State Coalition for Responsible Investment, which characterized some of these expenditures as delay tactics, to withdraw its shareowner resolution requesting this information...GE's revelation that it spent over $799 million to address PCB cleanup prompted Tri-CRI to withdraw the resolution, which received 27.5 percent support from voting shareowners last proxy season.