Can someone give me the tl;dr on what the fuck happened with GE? Series of bad investments/sales, management decisions, a crippling pension plan, etc.?
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Completely dysfunctional corporate culture that rotted from the head down?
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Large, bad institutions fail slowly, then suddenly. They glide on reputation and inertia for years, until suddenly, they don't.
End of conversation
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Hmm? Six Sigma has taken it's first large corporation.
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One less shoe to drop. Flannery now needs to deliver some positives in rapid succession.
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RT
@WSJ: General Electric's exit from the Dow Jones Industrial Average marks the latest ... https://twitter.com/i/web/status/1009191955354603520 …pic.twitter.com/92VMZZoZ9B
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Congrats to Obama pet Jeffery Immelt, THIS is your legacy.
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The average person should care about this - an omen marking the start of the next big implosion of the U.S. economy. The complete shift to consumerism, drugs, and debt as drivers instead of hard industry and tangible goods. Bubblequake. Aftershock. Doom.
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Its kind of sad but kind of good. Now they can try to retake that estranged indicator.
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Wow. Had just been listening to a Jack Welch interview. How times have changed.
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Why should the average person/ investor care about this?
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Wow...
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What?
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