Haier Denies that It will Buy GE

Haier denied reports in the Sunday Telegraph of Britain that it was teaming up with the Blackstone group to acquire GE Appliances.
Here's what we do know:
      -Haier wants deeper into the US appliance industry than it already is.....and wants it "crack addict" bad.
      -The sale of GE Appliances is conceivably a once in a lifetime opportunity to get a front seat.
      -That we, the hoi palloi, know that if the report is untrue, something very similar to it is true.

What we don't know:
Would GE make the one deal most likely to turn Louisville and possibly the entire American appliance industry excluding luxury products into a wasteland that only the protagonists in Cormac McCarthy's book "The Road" would recognize?

Of course we are being facetious !  If it could get them out of the quarter, GE Corp. would turn Kentucky and half of Tennessee into a sea of molten glass.