Shareholders face GE's future
#1 Apr 20, 2008
Jack Welch is a big mouthed JACK-ASS!!!!! I think he should be arrested for what he said - sounds like a threat to me, but because he is who he is it goes unnoticed. You make me sick you freakin hypocrit!!!!!
#2 Apr 21, 2008
So the company makes money right-just not enough, at a time when others are posting huge losses. This sounds like greed, they'll probably layoof a couple of thousand people next quarter to make themselves look good
#3 Apr 21, 2008
So Jack Welch's answer is to shoot Immelt? What would Welch have done if he was still in charge? Probably whack 20% of the workforce in order to make his numbers. Talk is cheap. Welch was the big hero because he was in the right place at the right time. How would he do today with the current market?
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