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Use your inside hand to lean the bike toward the corner by pressing down on the bar. Rather than watching your front wheel, look 5 to 10 meters around the corner. The bike will follow your line of sight. GE said it will borrow $6 billion in 2018 to cover mandatory pension payments through 2020.But that doesn't fix the problem: It's just swapping one IOU for another."It just buys you time," said Deutsche Bank analyst John Inch.Related: GE could break itself apart as cash crisis deepensImmelt inherited a huge pension surplusGE's pension shortfall is even more glaring when you consider that the company was sitting on a pension surplus of $14.6 billion in 2001, when Immelt replaced Jack Welch as CEO.Then GE decided to put money into mergers and acquisitions instead of socking it away for what it owed its employees, Inch said. Many of those deals were poorly timed, contributing greatly to GE's current cash crunch.By the end of 2008, GE's pension was running a deficit of $7 billion, and it exploded from there. Despite that shortfall, Immelt rewarded shareholders with stock buybacks, which are aimed at boosting the share price.
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