Thursday February 9, 2012

GE’s Immelt Attacks Executive ‘Greed’

GE CEO Jeff Immelt faults his generation of business leadership with “greed.”

Jeffrey Immelt, General Electric’s CEO, said Wednesday that his generation of business leaders had succumbed to “meanness and greed” that had harmed the U.S. economy and increased the gap between the rich and the poor, reports the Financial Times.

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