Sekar

Nuclear Poised for Comeback: GE, Hitachi Win Design Approval for Passive Reactor

All the technical experts who are betting on Nuclear comeback in US is in for a rude shock. Whatever technology, these companies offer, the common folks in small towns and cities are going to gang up and shoot down these proposals. Isn't it obvious that numerous proposals to install Wind turbines in many states are being rejected by people who are against installing anything in their backyard. Many transmission line corridors are slowly winding through city hearing councils for approval and will never be constructed. People have become suspicious and cynical on having any ugly object in their backyard or neighborhood. This mindset will kill all new construction proposal whether it's Solar, Wind or Nuclear. What's the guarantee that a giant Nuclear reactor complex will be approved anywhere in US? This is just a day dream for all Nuclear vendors and reality will set in very soon. The Yucca Mountain storage is completely shelved and where will spent rods be stored in US. These issues will have to be solved first before approving any new reactor in US. To begin with, let voters decide on an alternate prison site for Gitmo somewhere in the country. I doubt if this will ever happen.

GE's $8 Billion Downgrade Timebomb

Hello HardToLove - GE's stock was on a downslide even before the economic crisis began. Jeffrey Immelt is not the right leader to steer a grounded ship like GE. The days of mega corporations in US are over. Companies should be lean and nimble to handle any crisis that's thrown their way. If the CEO cannot handle the heat, then he better quit the job. I bet that's what is going to happen. Remember RCA and Westinghouse?

GE's $8 Billion Downgrade Timebomb

What everyone fails to realize is that GE's downfall started when Jack Welch was at the helm of this conglomerate. All his groomed successors like Bob Nardelli, Immelt and McNerney have failed miserably. Bob Nardeli is the biggest loser having screwed up Home Depot and Chrysler. Immelt is going to lose his shirt and pants very shortly. The most hyped executive in recent history is Jack Welch and he has done immense harm to GE with his unstoppable cost cutting measures. GE's glory days as a big conglomerate is all over and the company has to be diced and sliced into multiple pieces and sold off. GE is a large, leaking tanker that has run ground and there is no way it can continue sailing. Mindless layoffs in the name of cost reduction will sap precious human resources from company's talent pool and these CEOs should be thrown out first. Welch has made immense wealth with his crappy book releases, hefty bonus/ retirement package and talk shows. Does anyone read his corporate advise that he regularly writes in Business Week? I guess more companies will go underground with his stupid preaches. Looking at GE's assets and performance of all divisions, it's clear that they were hiding everything behind their Financial division's performance.

GE: The Decimation Continues

What everyone fails to realize is that GE's downfall started when Jack Welch was at the helm of this conglomerate. All his groomed successors like Bob Nardelli, Immelt and McNerney have failed miserably. Bob Nardeli is the biggest loser having screwed up Home Depot and Chrysler. Immelt is going to lose his shirt and pants very shortly. The most hyped executive in recent history is Jack Welch and he has done immense harm to GE with his unstoppable cost cutting measures. GE's glory days as a big conglomerate is all over and the company has to be diced and sliced into multiple pieces and sold off. GE is a large, leaking tanker that has run ground and there is no way it can continue sailing. Mindless layoffs in the name of cost reduction will sap precious human resources from company's talent pool and these CEOs should be thrown out first. Welch has made immense wealth with his crappy book releases, hefty bonus/ retirement package and talk shows. Does anyone read his corporate advise that he regularly writes in Business Week? I guess more companies will go underground with his stupid preaches. Looking at GE's assets and performance of all divisions, it's clear that they were hiding everything behind their Financial division's performance.