Thursday, Dec 10, 2009
General Electric sees the light
FT: GE chief attacks executive ‘greed’
"Jeffrey Immelt, General Electric’s chief executive, said on Wednesday his generation of business leaders had succumbed to “meanness and greed” that had harmed the US economy and increased the gap between the rich and the poor... “The bottom 25 per cent of the American population is poorer than they were 25 years ago. That is just wrong,” he said
Posted by mountain goat @ 01:41 PM (596 views) Add Comment
1 Comment
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1. Btlers-r-2hats said...
Kettle - Saucepan.
I once worked for a sucessfull company that was bought by GE, assett stripped and then closed. Yes, Immelt was in charge at the time.