Jack

Jack

Straight From the Gut

Book - 2001
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Baker & Taylor
The CEO of General Electric looks back on his distinguished career with the corporation and shares his personal philosophy of business and innovative managerial style.

Baker
& Taylor

The CEO of General Electric looks back on his distinguished career with the corporation and shares his personal philosophy of business and innovative managerial style. (Business & Finance)

Publisher: New York, NY : Warner Business Books, c2001
Description: xvi, 479 p., [16] p. of plates : ill., ports. ; 24 cm
ISBN: 9780446528382
0446528382
Branch Call Number: 338.762 Wel
Additional Contributors: Byrne, John A.

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StarGladiator
Aug 14, 2014

I admit to not finishing this book as my stomach isn't infinitely strong. I assume Welch included the word -- gut -- because his book is highly bacterial? The only reason GE, which pays no federal income tax, by the way, is still around is due to their accessing those TARP bailout funds which were supposed to be for the banksters [and also free money from the Fed]. Welch did lead the way in offshoring professional-level jobs, beginning the 1984-85: R&D scientific jobs, engineering jobs, programmer jobs, tech jobs and the usual manufacturing jobs. GE was briefly a successful company only insofar as it accesses financial capital or fantasy finance, which did them in during the global economic meltdown, and they should have been allowed to collapse. Welch effectively restructured GE into a private equity/hedge fund.

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