This from the Street headlined "GE Stock Won't Be a Buy Until It Acts Like George Costanza". Yes burning cash on everything including millions of dollars to the consulting firms who are laughing their way to the bank. And those cash proceeds, just look up and see what happened to the almost $200 billion of cash from the Capital divestitures. Where is all that money now? It all evaporated faster than a drop of water in the Sahara. Except that is for the money destined to the pockets of Jeff, Jeff, John, Beth, Dan, John, etc, etc and the rest of the cronies. Blessed are the leaders
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@-1jtj. I believe that's when the backup Walmart greeter strategy kicks in.
So what happens to the pension when the leaders run out of businesses to sell off?
Former GE Vice Chair Beth Comstock: Why I Turned Down Steve Jobs—Twice
http://fortune.com/2018/09/18/former-ge-vice-chair-beth-comstock-why-i-turned-down-steve-jobs-twice/
The fked up corporate world we all live in where all this nonsense is being rewarded and encouraged.
SEB hear i dont noe about you but i think beth got herself cleand up some since she was at GE, im getting sweat on her!
Look at how much better the Dow is doing without GE, though!
if only beth would come back everything would be better. we miss her so. look at what the stock has done since she left our world!!
Beth and Rahm's book is out. Maybe we can gain some insight on how to "master change in the face of uncertainty" to right this listing ship.