GE’s $100 Billion Wipeout Heralds Reckoning for an American Icon

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Few under the age of 30 might remember, but General Electric Co. was once a model of corporate greatness. Back in 1999, when Steve Jobs was still fiddling with iMacs, Fortune magazine proclaimed Jack Welch, then GE’s chief executive officer, the best manager of the 20th Century. Few people — of whatever age — would […]

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