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General Electric Company Message Board

  • tonydarmer tonydarmer Mar 23, 2010 10:00 AM Flag

    Jack is overrated

    Just saw the CNBC hero as a guesthost this morning. Why the continuing hero worship? As a longtime follower of GE, it seems to me that the consistent earnings growth of GE throughout the 1990's was due to using GE Capital as slush fund to be used to shore up earnings when needed. This was the legacy of Jack. However, we now see that he worked GE Capital all along ... and this finally blew up with the rest of the financial industry starting with 2007. Why the hero worship of this scammer?

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