mark s posted:One would think that. The heck of it is (now, this is said as one who has not followed GE very closely, but observed from the sidelines) much of GE's financial difficulties come from the GE's financial side, not the industrial side. Much of which undergirded Jack Welch's "heroic" performance. Turned out, it was all a house of cards.
That's what happened to Westinghouse Electric! How ironic is it that George Westinghouse's other company was the white knight for GE, which was founded by Thomas Edison and Westinghouse was his chief rival.
Bill (retired Westinghouse employee)
