Let's not forget the time GE sold its Swiss subsidiary to Hungary for 40k and back an hour later for 6,7 Billion to avoid paying taxes in Switzerland. [1]
When I hear of accounting like that, my immediate desire is to see GE Switzerland nationalized, and its shareholders get paid $40K for it. That's what it's worth, right?
[1] https://www.tagesanzeiger.ch/wirtschaft/standard/Die-Steuerv...