You're watching...

Will GE Shareholders Meeting Be a Black Eye for Motown?

Details

  • Description

    Nolan Finley of the Detroit News says that unions and occupy groups will disrupt the meeting.

  • Duration 3:11
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

-- Electric's annual shareholder meeting its tomorrow it's in -- now it was supposed to be a great day for Detroit the city.

Our next guest says it could very well be a disaster for the city and it for the company for joining us now is well.

-- with the Detroit news partner.

What cable that G holds it shall hold a meeting in Detroit is tomorrow why do you assess a disaster for GE and Detroit what's gonna happen.

Well what you're saying here's.

You -- he is that.

Bob king the UAW president has agreed to provide the ground troops.

For president Obama's class war.

And they look at GE in this annual meeting at the Renaissance Center Detroit as the perfect opportunity to perpetuate this story line.

That the working class the middle class is being exploited by corporate America and that the people who've been running the economy.

For the last four years have no responsibility.

For the economic and.

Patients today.

Why did -- Jeff Immelt why did he go to Detroit what is I -- he could choose anywhere he wants why did he go to Detroit.

What he has AG has a presence in southeastern Michigan and he was recruited by former governor Jennifer -- home the Democrat to.

Come bring the meeting to Detroit.

And her thought was she could highlight.

The city -- like downtown to these investors who will be attending the GE shareholder meeting and now there's a big worry that the that Bob king in his 99 percents spraying in the Occupy Wall Street new movement in -- Service Employees International Union.

Are gonna fill the streets are gonna disrupt the meeting and really give Detroit a black -- and there's a lot of folks in the community.

Worried about the impact and the damage it'll do.

To a city that is already been through.

Are rather ragged couple three months because of its financial meltdown and there's been a lot of pressure on king to back off and hopefully.

This thing will be more fizzle than fireworks -- Going to be trying that the -- shares in GE so they can actually attending get inside the meeting and you think that MI try to disrupted from inside.

But how many people will be demonstrating to think outside give me -- -- Well you know it's anybody's guess at this point a few weeks ago when they were actively recruiting it could've been as much as 5101000 people around that building.

Last week when governor Scott Walker came in for a -- A speech in suburban Detroit.

The UAW turned out 2000 people at a small suburban.

Banquet hall.

So -- they had hoped for tens of thousands in the streets tomorrow but I.

Suspect that Bob king starting to come to its senses and not really wanting to do that sort of damage to his home.

-- could be eight.

You know hopefully as little as a few hundred we've seen a few dozen.

Here in -- around town warming up they were at the NBC affiliate yesterday shall -- in marching.

But hopefully it's going to.

Be a much lower turnout than was originally projected all right thanks for joining us I know that you will be that some are you -- -- the local Paper you'll be on the scene.

Enough to know what exactly happens thanks so much indeed Nolan Finley -- appreciate it.

We'll be watching story.