It won't come as a surprise to the Washington Examiner lobbying beat reporter Tim Carney, but CNSNews reports that General Electric has become a big beneficiary of Obama administration generosity:
The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.
...GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report....
GE was the primary recipient of 14 stimulus grants, a spokeswoman for Recovery.gov confirmed to CNSNews.com. These 14 grants provided GE with $24.9 million in tax dollars. On four additional stimulus grants, the primary recipient of the federal money hired GE as a contractor.
Carney back in March 2009: