Red Rider

GE: Immelt Gets Welched

Jack Welch was...well Jack --I've known for years he was bogus--could not convince anyone of the fact, that he put this company into a pit. This stock will come back, but first it will see $27.00 or less, and take five years. I think immelt is honest, and will get rid of the tricksters and yes men, leaving a good crew to save this disaster. I will not give you the problems in front of him because they will need to addressed one by one, and considering them all would not be a gauge of what can be done or helpfull.
As for for Jack, he will get caught for his misdeeds, I hope someone sue's him to get their money back, he has paid off enough people to look the other way, but someone with details will step forward to blow away lies, nail him good, and help immelt with facts and baggage this company is strugling with, so it can come clean, and leave Immelt with a clean ship to sail, he doesn't need the distraction of Jack to deal with. So if you want this ship to sail, give him a hand.