Posted on 09/14/2010 1:47:36 PM PDT by Rufus2007
It’s just business. It was a good bet. Immelt should be rewarded for his risk taking, and the ultimate payoff.
Immelt helped his company, that’s his job, right? Nothing else matters.
Are you trying to make a point?
bump
ping
That’s ‘Rick’ Santelli on CNBC.
Jeffrey Immelt is by far the worst CEO in the country. GE share prices and earnings have gone nowhere since he took the helm years ago. He has reduced a once great innovative private enterprise company to a a company whose existence depends on the largesse of government subsidized projects.I blame the Board of Directors for not canning this incompetent years ago. The shareholders should vote out the entire board for allowing this clown to hang on.
I began boycotting GE years ago... they are thoroughly corrupt
Former CNBC Reporter: GE CEO Immelt Meddled in Network's Editorial Coverage
This could confirm what many suspected all along - the corporate heads at General Electric (NYSE:GE) would try to use their media holdings to portray President Barack Obama and his administration in a positive light in order to gain a corporate advantage.
The GE board of directors could remove Jeff tomorrow if they wanted to. Problem is, they kinda like the boy...
Well... the stock price matters and its been in the toilette under JI...
“Well... the stock price matters and its been in the toilette under JI...”
Who’s stock price hasn’t? Bad market, but JI has been positioning his company for rewards.
Companies only exist for one reason, make money. Right?
JI is one problematic CEO. He has never made big money for the company and should be shown the door. Any “dancing with the devil will only burn his...”
Read the 10Qs... not much to show for all that fancy lip work...if ya know what I mean...
Immelt, et al and the Obomenation, ‘All your news are belong to us. Make your time.’
Immelt, et al and the Obomenation, ‘All your news are belong to us. Make your time.’
Hugh and series. Another article posted to my FB page. I always get slammed for these, and I love it. LOL. But some people who read these types of articles there are waking up. Since they would never visit a conservative website, and never hear these things in their Liberal newspapers or on the Liberal networks, they see them on my FB page. Maybe soon I can sway some to come over to FreeRepublic and see what truths they can find here, too.
I wish I hadn't. GE appliances are nothing but a piece of junk. Especially their refrigerators.
Charlie has always been one of the players in this. He is well known for dropping his “Rumors”, and causing the market to spike upwards during a bad trading day. Then the rumor would often not pan out, but he would be right back a week or so later with the same rumor, and do it again. They call him GasBag on some of the forums.
As for him exposing what was already obvious. I will give him credit for that.
I’m not surprised. Immelt and Obama are fellow Ivy Leaguers.
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