ACC Archives

Tag: Immelt
One of the kings of cronyism gets axed

Jeff Immelt is gone from the head of GE.  Immelt rode the “green rush” for what it was worth and “successfully” engineered a bailout of his company before that. Even still,  GE’s stock has underperformed for years. (Though it has...

Government Electric “Bribed” Up to Boston

So long Fairfield County…Howdy South Boston. GE has decided to pull up stakes in Connecticut for the even friendlier climes of Massachusetts. All it took was $145 million from Boston taxpayers. Don’t worry, I’m sure it’ll be recouped. No way...

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