Jeff Immelt's GE: A Study in Corporate Leadership [View article]
I have echoed the mantra of Jack Welch before in these environs when the subject of Immelt has come up - Immelt would not have survived more than a year or two under Jack's " Rank 'em and yank 'em " policy - the bottom 10% of management was subject to that annual digital - like exam and those who fell into that bottom tier were given a copy of the Home Game - Broom Immelt out the door now - He lost any semblnce of credibility with me and I venture a good number of other GE stockholders when he did the about face re. GE's dividend earlier this year - A lot of people reasonably relied to their direct financial detriment upon Immelt's representation about the safety of the then GE dividend - The implosion of GE Capital occurred entirely on his watch - Fool me once .........
Shareholder Communications: Kudos to GE's Immelt, Dominion [View article]
If anyone thinks that Immelt has done any kind of a satisfactory job while overseeing a company whose common stock fell from the mid 30's to $6 / and is now " back ' up to $ 12/ , well I am here to tell you that individual needs some acute care - I say to anyone who will listen , apply Jack's " rank 'em and yank 'em " policy and see how long Immelt would have survived - The only advice appropriate for Immelt at that point would have been : " don't let the door hit you on the way out Slick .. "
Shareholder Communications: Kudos to GE's Immelt, Dominion [View article]
You praise Immelt's job performance which necessarily includes candor ? Get serious - Just who in the hell was responsible for " real engineering being traded for financial engineering " ? How much do you figure GE Capital has been responsible for the boggling losses experienced in GE's common stock ? When were you ever long GE ? Repeat : Get serious !
Earth to GE: Boost Your Dividend [View article]
Roger and out ..
The BofA / Merrill Mess - A Misguided Mob Goes After the Wrong Guy [View article]
Time to Reenter GE [View article]
Jeff Immelt's GE: A Study in Corporate Leadership [View article]
Shareholder Communications: Kudos to GE's Immelt, Dominion [View article]
Shareholder Communications: Kudos to GE's Immelt, Dominion [View article]
Just who in the hell was responsible for " real engineering being traded for financial engineering " ?
How much do you figure GE Capital has been responsible for the boggling losses experienced in GE's common stock ?
When were you ever long GE ?
Repeat : Get serious !
Moral Hazard: A Danger to Our Financial System [View article]