AGREEMENT AMONG THE --
NINTH CIRCUIT.
>> THAT NINTH CIRCUIT.
INDEED --
[LAUGHTER]
THAT TALK GENERAL ELECTRONIC,
THAT TRYING TO GET BACK INTO
SHAPE THEY ARE SELLING OFF SOME
PIECES OF THE COMPANY.
COME ON IN FORMER UNIVERSAL
CHAIR AND CEO BOB WRIGHT.
BOB YOU'RE RIGHT IN THE MIDDLE
OF NBC YOU KNOW IT IS AS WELL AS
ANYBODY.
YOU TELL US IS IT WORTH MORE
BROKEN BE UP AND SOLD OFF IN
PARTS OR WHOLE?
>> I THINK THE, IT'S WORTH MORE
WHOLE BUT MAYBE WE CAN DO SOME
JOINT VENTURE OR THINGSES HAPPEN
WHERE CERTAIN PIECES OF THE
BUSINESS GET SOLD OFF BUT OTHER
PIECE MAYBE ADD ON, AND SOME
PARTNERSHIP --
I DON'T THINK THAT IT MAKESES
ANY SENSE TO LOOK AT LIQUIDATING
THE COMPANY I THINK THAT'S A
FOOLS --
HE HAS TO STAY A TOUGH TIME FOR
FLATTERY BECAUSE I GIVE YOU A
FACT THAT YOU HAVEN'T HEARD
HERE.
YOU HAVE TO THINK ABOUT THE
GMAIL BEING A ABLE TO DISAPPEAR
WELL SOMEBODY MUST HAVE DONE
THAT TO BALANCE SHEET IN 2016
AND 2017 BECAUSE IN 2016, THEY
BOUGHT 21 BILLION DOLLARS OF GE
STOCK BACK AT $30 A SHARE, AND
IN 17 THEY BOUGHT 2.6 BILLION AT
20.
NOW THAT'S TERRIBLE OF CASH WHEN
YOU'RE STLIGHT WITH OVER 100
MILLION DOLLARS MAYBE 110
MILLION DOLLARS BILLION DOLLARS
OF DEBT AND YOU HAVE ANOTHER 25
OR 30 OF OTHER --
ABOUT OTHER ISSUES WHICH HAVE TO
BE DEALT WITH.
YOU'VE GOT MONEY THAT COULD HAVE
BEEN PUT INTO SHORE UP A PENSION
FUND AND MONEY THAT COULD BE
SHOWING UP IN --
FOR THAT INSURANCE --
ISSUE --
SO FLATTERY INHERITED ARE
INCREDIBLE MESS IF YOU WANT TO
LOOK AT IT THAT WAY AND I DON'T
KNOW WHERE THAT BOARD WAS THAT
GE AND YOU QUESTION WHY A BOARD
WOULD NOT PAY ATTENTION TO CASH.
AND THEY SPENT ALL OF THAT MONEY
AND NOW HE'S SITTING THERE AND
HE'S GOT CASH ISSUES.
IT IS VERY UP AND FRONT ABOUT IT
I'M SAY NOTHING WONDER HE HAS
CASH ISSUES.
LOOK AT THE PREDECESSORS DID
WITHIN THE 18 OR 19 MONTHS
BEFORE HE WAS A?OWNED.
AND THAT'S JUST STUNNING.
SO HE HAS TO WORK THROUGH ALL OF
THAT AND HE'S TRY ARING AND HIS
BEST AND I THINK GETTING PEOPLE
TO RECOGNIZE THAT HE DIDN'T GIVE
ANYMORE BAD NEWS YOU KNOW, HE
DID NOT SAY OH, I FOUND ANOTHER
BAD PROBLEM.
SO HE PUT EVERYTHING ON THE
TABLE.
THAT'S THE BEST HE CAN DO AND
GET THOSE BUSINESSES UP AND
RUNNING AND GET SOME CASH FLOW.
>> I HEAR IT.
I DO WANT TO SWITCH GEARS I WANT
YOU TO UPDATE US ON CANCER
RESEARCH.
I KNOW YOU LOST YOUR WIFE
SUZANNE IN 2016 I BELIEVE YOU
FORMED AN INSTITUTE TO LOOK AT
RESEARCH INTO PANCREATIC CANCER
LAST TIME YOU WERE ON THE SHOW
YOU REPORTED TOUR THAT IF YOU'RE
DIAGNOSED WITH PANCREATIC CANCER
IT'S A DEATH SENTENCE 95% OF THE
TIME.
WILL YOU UPDATE US ON THAT
PLEASE?
>> THIS IS WHY, THIS IS WHY WE
NEED THE --
THIS IS THAT HEALTH CARE --
TORN HEALTH ADVANCE RESEARCH
PROJECTS AGENCY.
WE NEED EARLY DETECTION WOULD BE
NUMBER ONE THING TO DO.
85% ARE PEOPLE ARE DIAGNOSED IN
STAGE FOUR, AND THAT'S A DEATH
SENTENCE.
IT'S JUST A MATTER OF MONTHS.
>> WHAT ARE SYMPTOMS, BOB?
>> WELL THEY'RE GENERALLY
STOMACH AIL.
SOME SERIOUS STOMACH AILMENTS
BUT IT TAKES THE CANCER CAN BE
IN YOUR PANCREAS FOR 12 WERE 14
OR YEARS BEFORE IT BECOMES AND
OVERTAKES THE PANCREAS.
BUT WHAT ALSO HAPPENS IS --
IT GOES IT GOES INTO THE LIVER
GENERALLY SPEAKING AND NOW