AT THE TIME, SHE WAS THE 31st % VICTIM -- 31st PATIENT, I SHOULD
SAY, THERE’S NO WONDER WHETHER %
OR NOT SHE’S SUCCUMBED TO THE %
VIRUS.%
VIRUS.% 31st IN THE COUNTRY.%
WE’RE NOW LOOKING AT UPWARDS OF
4,000 PEOPLE AFFECTED BY THE %
VIRUS IN THIS COUNTRY.%
TODAY, THE LEADER OF THAT
RELIGIOUS SECT CAME FORWARD FOR
THE FIRST TIME PUBLICLY.%
HE WALKED OUT IN FRONT OF %
CAMERAS AND REPORTERS.%
ENS ANSWERED A COUPLE QUESTIONS
AND READ A STATEMENT.%
BOWED IN APOLOGY, APOLOGIZING TO
THE ENTIRE COUNTRY FOR HIS %
MEMBERS’ POTENTIAL ROLE MANY THE
SPREAD OF THIS VIRUS.%
THE MAYOR HERE IN SEOUL HAS %
RECOMMENDED THAT CRIMINAL %
CHARGES BE BROUGHT AGAINST HIM %
AND OTHER LEADERS OF THE CHURCH.
FACT%
FACT% IN FACT, RECOMMENDING THAT %
MURDER CHARGES BE BROUGHT %
BECAUSE OF THE NUMBER OF PEOPLE
WHO HAVE DIED FROM THE VIRUS %
HERE.%
HERE.% MORE THAN 20 NOW.%
AND SO THAT NOW IS BEING %
REVIEWED.
REVIEWED. THERE WAS SOME MORE UPLIFTING
NEWS HERE IN SOUTH KOREA TODAY.%
AT LEAST SOMEWHAT POSITIVE NEWS.
NO MORE SOUTH KOREAN MILITARY %
MEMBERS HAVE TESTED POSITIVE.
THAT NUMBER HAS STAYED AROUND
27.%
27.% IT LOOKS AS THOUGH SOUTH KOREAN
MILITARY HAS CONTAINED THAT AT
LEAST FOR NOW.
NO MORE U.S. MILITARY MEMBERS %
TESTING POSITIVE, EITHER.
THAT NUMBER IS STILL ONE MALE
SERVICE MEMBER AND HIS WIFE ALSO
BEING TREATED FOR THE VIRUS, BUT
YOU ARE ALREADY SEEING THE %
ECONOMIC IMPACTS HERE.%
THE STREETS ARE PRACTICALLY %
DESERTED.
DESERTED. NOBODY’S GOING TO THE SHOPS.%
THE CHINESE TOURISTS WHICH SEOUL
REALLY COUNTS ON FOR A GOOD DEAL
OF REVENUE HAS COMPLETELY %
DISAPPEARED.%
DISAPPEARED.% NOW, PART OF THAT IS BECAUSE
THERE ARE TRAVEL BANS IF PLACE %
AND RESTRICTIONS ON TRAVEL FOR %
CHINESE NOT HERE IN SOUTH KOREA
BUT OTHER PARTS OF THE WORLD AND
IN THEIR OWN COUNTRY.
PART IS YOU SEE THE AIRLINES %
RESTRICTING THE NUMBER OF %
FLIGHTS THEY’RE CARRYING OUT %
THROUGHOUT THE WORLD, REALLY.
SO THE BIG IMPACT IS BEING FELT
HERE AND CONTINUES TO BE FELT.%
ALISON?%
ALISON?% >>> JACK WELCH, FORMER CHAIRMAN
AND CEO OF GENERAL ELECTRIC DIED
OF KIDNEY FAILURE YESTERDAY.%
HE WAS 84 YEARS OLD.
CNBC’S SUE HERRERA REMEMBERS THE
MANAGER OF THE CENTURY.%
>> Reporter: HE’S BEEN CALLED A
WHITE COLLAR REVOLUTIONARY.
>> MY NAME IS JACK WELCH.%
I’M CHAIRMAN AND CHIEF WHEKEXECU
OF GENERAL ELECTRIC. %
>> Reporter: HE TOOK AN OLD-LINE
INDUSTRIAL COMPANY BY THE THROAT
AND THROUGH INGENUITY, VISION,
TURNED IT INTO A GLOBAL -- %
DURING HIS 20 YEARS RUNNING %
GENERAL ELECTRIC FROM 1981 TO %
2001, JACK WELCH DROVE THE %
COMPANY’S MARKET VALUE FROM $14
BILLION TO MORE THAN $400
BILLION.%
BILLION.% HE WAS CALLED "NEUTRON" JACK, A
NAME HE HATED AFTER CUTTING %
MILLIONS OF JOBS DURING HIS %
REIGN.%
REIGN.% JACK WELCH ESTABLISHED A
BLUEPRINT FOR OTHER CEOs ALONG %
THE WAY.%
THE WAY.% HIS LAST PAYROLL CLOSED
FACTORIES OR SHUTTERED OR SOLD %
GE SUBSIDIARIES THAT WERE NOT %
NUMBER ONE OR NUMBER TWO IN %
THEIR INDUSTRIES. %
>> A ROLE FOR THE MEDIOCRE IS %
ONE THAT IS SHORT LIVED. %
>> Reporter: WELCH WAS %
PASSIONATE AND UNSTOPPABLE.
A VISIONARY WHO SPEARHEADED GE’S
SHIFT FROM MANUFACTURING TO %
FINANCIAL SERVICES THROUGH %
NUMEROUS ACQUISITIONS AND ALWAYS
MADE SURE TO POINT OUT HE MADE %
HIS BEST DEALS ON THE GOLF %
COURSE.%
COURSE.% IN 1986 GE DOVE HEAD FIRST INTO
THE MEDIA BUSINESS WITH THE %
ACQUISITION OF RCA WHICH OWNED %
THE NBC BROADCASTING NETWORK.%
WELCH SOLD ALMOST EVERYTHING %
ELSE BUT HE KEPT NBC.%
GE EXECUTIVE BOB WRIGHT WAS %
NAMED PRESIDENT OF NBC AND IN %
JUST THREE YEARS THE NETWORK
MADE ITS FIRST FORAY INTO THE %
CABLE INDUSTRY WITH THE CONSUMER
NEWS AND BUSINESS CHANNEL.%
CNBC.%
CNBC.% WELCH’S DECISION TO SPEND MORE %
$150 MILLION TO BUY FINANCIAL %
NEWS NETWORK WAS KEY TO CNBC’S %
LATEST SUCCESS. %
>> ZSIT’S NO DIFFERENT THAN ANY
OTHER DAY.%
OTHER DAY.% WHAT WE HAD TO DO WAS TAKE IT %
FROM BEING -- TO THE LOCKER %
ROOM, IF YOU WILL, TO SHOW WHAT
THE GAME WAS ALL ABOUT, HOW THE
WINNERS FELT AND HOW THE LOSERS
FELT.%
FELT.% THAT’S WHAT KRPSCNBC WAS DESIGNE
DO. %
DO. % >> Reporter: AT THE END OF HIS
TENURES%
TENURES% TENURE -- HE PIONEERED %
INFORMALITY IN THE WORKPLACE, %
ABANDONING MANAGEMENT %
BUREAUCRACY AND ARCHAIC BUSINESS
WAYS.%
WAYS.% A DEMANDING BUT PASSIONATE %
LEADER, WELCH EMPHASIZED THE %
VALUE OF CANDOR.%
HE ENCOURAGED EMPLOYEES TO SPEAK
UP, BE UPFRONT, AND WORK HARD.%
>> GOOD CORPORATIONS CREATE A %
HEALTHY ATMOSPHERE WHERE PEOPLE
CAN THRIVE AND GROW AND BENEFIT
THEIR FAMILIES AND HAVE GREAT %
LIVES.%
LIVES.% I BELIEVE THAT TO MY TOES. %
>> Reporter: A MAN OF SURPRISE,
HE OFTEN UNEXPECTEDLY STOPPED IN
AT GE PLANTS OR OFFICES OR
SOMETIMES IN THE NEWSROOM.
1999, "FORTUNE" NAMED JACK WELCH
MANAGER OF THE CENTURY.%
BEFORE STEPPING DOWN AS CEO IN %
2001, HE SET UP AN INTERNAL RACE
FOR HIS JOB, CALLING IT THE MOST
IMPORTANT DECISION HE’D EVER %
MAKE.%
MAKE.% JEFFREY IMELT SUCCEEDED WELCH.%
THE COMPANY STRUGGLED IN THE
WAKE OF THE 9/11 ATTACKS AND
FINANCIAL CRISIS OF 2008 WHICH %
WAS DEVASTATING FOR THE LENDING
UNIT WELCH EXPANDED WHILE CEO.%
WELCH’S RETIREMENT TURNED OUT TO
BE ANYTHING BUT.%
HE CONTINUED TO LEAD THE %
DIALOGUE OF MODERN BUSINESS AS A
MANAGEMENT GURU WHO CONCENTRATED
ON WINNING AND NEVER LOOKING %
BACK.
BACK. >> HOW CAN I EVER REGRET -- WHEN
I WAS A KID IN SALEM WHO ENDS UP
WITH THE GREATEST JOB IN THE %
WORLD AND I WAS TRYING TO MAKE %
10,000 BUCKS TO LIVE ON.