Matthew Rafat

Shareholder Communications: Kudos to GE's Immelt, Dominion

1. Methinks the gentlemen doth protest too much. Other than completely exiting the financial business, what could Immelt have done better? Immelt was not the only person who didn't see the financial train wreck coming--every major investment bank was caught by surprise, too. Even Goldman Sachs had to recently convert itself to a bank holding company.

Immelt deserves some recognition. GE going from 6/sh to 12/sh is a noticeable improvement. I said Mr. Immelt is doing a great job "re-building" his own and his company's reputation. The market seems to agree.