Assuming you can call whatever it is they did accounting, anyway.
The fire sale starts now.
And that means Jack Welch was Jeff Immelt before Jeff Immelt was Jeff Immelt.
The new GE CEO has crunched the last couple of years’ numbers and they look quite different from the old CEO’s numbers.
The consequences of which are now somewhat painfully obvious.
We’re disappointed, too. But not as disappointed as Immelt or the people who simply signed off on the ridiculous system.
What’s the point, really?
Even after he told them to stop doing it!
Even if he can’t be Uber CEO, he doesn’t have to be G.E.’s chairman for one minute longer.