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post #62 of (permalink) Old 06-21-2018, 06:17 AM
alfaparticle
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Join Date: Oct 2004
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Rent seeking by Jeff Immelt has led to the fall of the once mighty GE. He thought that GE would prosper by close association with the (Obama) government and hired scores of lobbyists to get government projects. The strategy failed and GE were dropped from the Dow Jones index to be replaced by Walgreens!

Ed Prytherch
79 Spider
76 Suzuki GT500
2011 Jaguar XKR

A little government and a little luck are necessary in life, but only a fool trusts either of them. - P.J. O'Rourke
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