Eugene David
...The One-Minute Pundit

Thursday, April 17, 2008


I want to set the record straight. Jeff is an outstanding CEO, and the GE financial model is as attractive as ever. I will endeavor in retirement not to step in it again.

Where's the BIG BUT, LEGENDARY?


While Mr. Immelt’s job seems secure for now....
BUT....

On Wednesday, Welch, who retired in 2001, said he would be "shocked beyond belief" if Chief Executive Jeff Immelt again missed an earnings target. He said he'd "get out a gun and shoot" Immelt if GE missed an earnings target.

Never mind, that BUT is TOO big.

Home
Site Meter eXTReMe Tracker