>>> HEY, WELCOME BACK. WE HAVE BREAKING NEWS AND
CERTAINLY SAD NEWS FOR THOSE OF
US THAT KNEW JACK WELCH, WERE
FRIENDS OF JACK WELCH.
THE FORMER CEO OF GENERAL
ELECTRIC PASSED AWAY.
HE BECAME CHAIRMAN AND CEO OF
GENERAL ELECTRIC, LED IT FOR TWO
DECADES, HE DIED AT THE AGE OF
84.
84. HIS WIFE SUSIE ANNOUNCED THAT
THIS MORNING.
THIS MORNING. HE WAS ACTUALLY CALLED MANAGER
OF THE CENTURY BY FORTUNE
MAGAZINE AND NEUTRON JACK FOR
SLASHING TENS OF THOUSANDS OF
JOBS.
JOBS. UNDER HIS LEADERSHIP, GENERAL
ELECTRIC BECAME THE WORLD’S MOST
VALUABLE COMPANY AFTER
MICROSOFT.
MICROSOFT. WHILE AT THE HELM, WELCH BOUGHT
AND SOLD SCORES OF BUSINESSES,
EXPANDING THE INDUSTRIAL GIANT
IN THE FINANCIAL SERVICES AND
CONSULTING AREAS.
CONSULTING AREAS. GE CAPITAL BANK WAS FOUNDED
SEVEN YEARS INTO HIS TENURE.
ACQUISITIONS INCLUDED RCA, WHO
THEN OWNED US, NBC.
AND KITER PEA BODY, THE
BROKERAGE THAT WAS ENTANGLED IN
AN INSIDE SCANDAL LATER ON.
AND WELCH WAS AGAIN, HE WAS
BOMBASTIC, VERY OPINIONATED, BUT
ALSO, MIKA, OBVIOUSLY BELOVED BY
MANY PEOPLE AT NBC AND GENERAL
ELECTRIC AND AGAIN, A GUY MANY
PEOPLE CALLED CEO OF THE
CENTURY.
CENTURY. >> GAVE US GREAT ADVICE.