Contracting with the Enemy | FrontPage Magazine

Contracting with the Enemy | FrontPage Magazine: "We don’t run a charity at GE. We’re in business to make money for our investors.” – General Electric CEO Jeff Immelt

Being called a “state sponsor of terror” would seem to be bad for business. Yet the label has traditionally done little to deter one of the world’s largest companies, General Electric, from pursuing business relations with rogue nations. In fact, GE, like a number of other U.S. companies, has a history of exploiting legal loopholes during times of U.S. and U.N. sanctions in order to continue generating revenues from dangerous regimes – despite full knowledge of the treacherous nature of their clientele. A prime example is GE’s former relationship with Iran amidst allegations that the fundamentalist nation was assisting Iraqi insurgents in their efforts to kill U.S. troops."