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General Electric (GE) Said Tax Refund Report "Is a Hoax"

April 13, 2011 10:16 AM EDT
General Electric (NYSE: GE) said a press release stating that the company, responding to public outcry, will donate its entire $3.2 billion tax refund to help offset cuts and save American jobs is a "hoax."

A fake press release surfaced about the refund and was immediately reported as truth by The Associated Press.

That fake press release can be found here.

A GE spokesperson said "it is a hoax."


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