http://www.goldismoney.info/forums/showthread.php?t=17963STAMFORD, Conn. -- General Electric Co., which has been accused of collecting "blood money" by doing business in Iran, will stop accepting any new orders for business in the country, company officials said Wednesday.
The move by the world's largest company by market value comes just days after another conglomerate, Halliburton Co., announced the company will wind down its operations in Iran.
"We're seeing a turnaround by a number of U.S. companies operating in Iran," said Dan Katz, chief counsel to U.S. Sen. Frank Lautenberg, D-N.J.
Katz said the moves may signal an imminent change in U.S. policy that has allowed foreign subsidiaries of American companies to do business in Iran.
Last year, Lautenberg accused GE and other American companies of collecting "blood money" by doing business with countries the United States says sponsors terrorism and said he would push for legislation to stop it. New York City comptroller William Thompson, as manager of employee pension funds, has also pressured GE and other companies.