"Obama in appointing Immelt last January praised him as a business leader who "understands what it takes for America to compete in the global economy." Apparently, what Immelt understands is that what it takes to satisfy corporate interests instead of national needs is conning a president into looking the other way while you send jobs abroad." --Robert Scheer, Huffington Post
Another money first ethics last. recently selling avionics group to a china company that develops their stealth fighters. And this guy is Obama head of job creation. No wonder jobless rate is increasing,
Not admired anymore!!! Just another overpaid, overrated MBA who just sold out American employees and tanked the company stock only to fatten his absurd pay.
At 14.50 per share, GE has lost $503 billion of shareholder’s equity since 1999 (77% of its value), including $291 billion (65%) since its collapse in 2007. GE has also lost $55 billion of shareholder’s value (about 26% of its value) since its high of $19.70 in April of 2010. Terrible decisions by terrible managers. That’s what GE is about!
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this is worth watching...
muhammadzahmad 1 month ago
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"Obama in appointing Immelt last January praised him as a business leader who "understands what it takes for America to compete in the global economy." Apparently, what Immelt understands is that what it takes to satisfy corporate interests instead of national needs is conning a president into looking the other way while you send jobs abroad." --Robert Scheer, Huffington Post
hookalakah 4 months ago
Another money first ethics last. recently selling avionics group to a china company that develops their stealth fighters. And this guy is Obama head of job creation. No wonder jobless rate is increasing,
dontcatchnosleep 5 months ago
Not admired anymore!!! Just another overpaid, overrated MBA who just sold out American employees and tanked the company stock only to fatten his absurd pay.
woodycoat 6 months ago
Good to see GE is not paying taxes and being Obumbles boy toy. Hmm, thought all the corps went repub? LOL
uzimodem 9 months ago
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General Electric, go out of business already.
General Electric deathwatch starts now.
akirafactor 9 months ago
At 14.50 per share, GE has lost $503 billion of shareholder’s equity since 1999 (77% of its value), including $291 billion (65%) since its collapse in 2007. GE has also lost $55 billion of shareholder’s value (about 26% of its value) since its high of $19.70 in April of 2010. Terrible decisions by terrible managers. That’s what GE is about!
retiredge76 1 year ago
After 10 years of review, I now believe that Jack Welch did the right thing by having a CEO competition and picking Jeff as the new CEO.
What a great leader-teacher.
God knows where the GE would be if Robert Nardelli was the CEO
nognilk 1 year ago
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The most useful question ever, is
What is the underlying law of nature?
Be among the first to identify, understand and apply its answer. Why?
1. It is the way of all things. (observable)
2. It is the basis and absolute reference frame of the principles of thought, intelligence, communication and logic.
3. It made possible the formulation of these four principles.
4. Conscious use of these principles permit efficacy and efficiency to multiply in business and life.
Google it, as a start.
TedDGPoulos 1 year ago
his speech is very inspirational also.
terrymohr2 2 years ago
great speech! quite funny at times too.
RobinHaryanto 3 years ago
this dude is smart
EdBar300 3 years ago