General Electric: The Disappointment Can't Become Much Greater [Seeking Alpha]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Seeking Alpha
General Electric: The Disappointment Can't Become Much GreaterSummaryMore and more information is becoming available as to how Jeff Immelt, GE's former CEO, operated and how little information was actually provided to GE's board of directors.Apparently, Mr. Immelt liked to be optimistic and didn't like to hear bad news or to disseminate bad news.Why does a company need a top quality board of directors when the board is not given sufficient information to perform its duties, which include advising and helping the CEO?
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