GE Whiz

OK, so the GE shit has hit the fan. The thrower has face validity, in that he exposed Madoff before anyone. What's odd, at least to me, is this statement:

General Electric CEO Larry Culp released a statement following the release of Markopolos' report, saying, "GE will always take any allegation of financial misconduct seriously. But this is market manipulation — pure and simple. Mr. Markopolos's report contains false statements of fact, and these claims could have been corrected if he had checked them with GE before publishing the report. The fact that he wrote a 170-page paper but never talked to company officials goes to show that he is not interested in accurate financial analysis, but solely in generating downward volatility in GE stock so that he and his undisclosed hedge fund partner can personally profit."
[my emphasis]

One might take that bold text to mean that GE has some non-public information which 'explains' the accounting questions. That statement, in and of itself, might give one pause.