Jack Welch had died.

[irisblue]

Sympathy to those who loved him. But he was a bad man who did evil things to working people.
The New York Times (@nytimes) Tweeted:
Breaking News: Jack Welch, who led G.E. through decades of prosperity, is dead at 84. He was the most influential business manager of his generation. https://t.co/nNGEdt18vW

Link to tweet

?s=20

[Johnny2X2X]

1. He was awful

A symbol of greed and of the turn a profit now at any long term cost school of business. GE under him used people up like they were office supplies.

[vlyons]

2. He taught other CEOs to fire employees in the bottom 10%

of annual performance reviews.

[ProfessorGAC]

7. A Real Prince

That nonsense also caught on a bit at 1 & 2 billion dollar firms who didn’t have the bench depth.
Really stupid

[irisblue]

3. David Cay Johnson tweet

David Cay Johnston (@DavidCayJ) Tweeted:
Jack Welch's death is unfortunate. Will obits be rounded or perpetuate myth-making?

Welch cut R&D, manipulated SEC & tax reports, left a mess from which GE & shareholders have never recovered. He gave up ~$70m retirement perks only after I exposed their economics in 2012.

Link to tweet

Also, he was a supporter of apricothellbeast, who has tweeted about Welch

[dalton99a]

6. +1

[uponit7771]

14. +1,

[Ilsa]

4. I can name one good thing he did: he and his wife started Autism Speaks

because his grandson was diagnosed. Research is a good thing, but this one thing he did doesn't make up for all of the bad.

[OnDoutside]

10. And I'm sure one could say that if the likes of him were paying their proper amount of taxes,

the Government could properly fund these programs, rather than depending on the largess of the rich.

[redqueen]

11. This

[Ilsa]

13. Agreed. nt

[Roland99]

5. My dad died in late 2015. ALL of his retirement was in GE stock

He’d retired after 30 some odd years there and felt loyalty to where he didn’t diversify

In Dec 2015, I encouraged my stepmother to liquidate the stocks when it was about $31/share. She was able to pay cash for a nice home in FL and put the money from the sale of their home up north into an MMA.

Sold pretty much at a decade-high peak. Hadn’t been above $30 since the Great Recession

Where it’s at now would have been a 2/3 loss

[dalton99a]

8. "If I had my way, I'd put every GE plant on a barge."

Link to tweet

Link to tweet

[UTUSN]

9. Mister G.E., sugar daddy to RUSSERT and BARNICLE. (Cross post from Malaise's thread)

G.E. Russert, he of pinning a Shrub W. campaign button inside his lapel while yukking it up with WELCH. And plagiarist BARNICLE got a career resusitated somehow during WELCH's reign. I remember the beginnings of the Morning Scabs show when BARNICLE showed some shame getting e-mails with the word "plagiarist" in them (speaking for a friend). But now he is totally rehabilitated and treated (by Scabs & Mika Mouse) as a venerable and real journalist.

[TeamPooka]

12. Ultimately he was the one who did not give David letterman the Tonight Show

Ultimately he was the one who did not give David letterman the Tonight Show
So fuck that guy

[geardaddy]

15. Yep, awful person. n/t