Talk of The Villages Florida - View Single Post - Fidelity Year End Tax statements DISCREPANCIES
Thread: Fidelity Year End Tax statements DISCREPANCIES
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Old 03-21-2022, 09:22 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by collie1228 View Post
A former GE finance guy here too. My favorite tactic at GE was when a vendor offered an early payment discount, GE would pay it late and take the discount too. Don't remember any of those vendors complaining (usually small guys who couldn't afford to take on GE). Sad.
Companies like GE would demand 90 day terms so that their vendors could finance their business at no cost to GE.

Whirlpool purchased one of my customers some years ago and demanded 90 day terms and a 10% discount because they were Whirlpool. Fortunately for me was able to wave bye bye.