old fogey

GE May Spin Appliances Unit, Not Sell It

My opinion of GE is very poor. GE started out with post war (WW2) vigor, supplying the pent up demand market of new home owning baby boomers. Products started as of military quality, but were soon trimmed of materials and quality as a profit margin increaser.
Advertising costs of the great new communicator (TV) created new sales and expenses. Touted as a better product of latest enginerring it was priced first higher, then just above mid range as quality dropped and demand grew.
Financing I believe became a greater product center than the goods themselves.

Perhaps I am just a disgruntled person of a manufacturing background, that had too many GE products fail prematurely.
By mid sixties, I was weaned never to buy GE again. The quality and value was just not there, and I consider that an ongoing management problem. They may have made stockholders money, but it was on the backs of the consumer.
Sorry about the rant, but I am entitled as being just an old fogey.