Quote:
Originally Posted by biosurfer1
Heard he took GE from revenue of $14 billion the year he took over to over $400 billion at the peak.
That would make any board very, very happy...regardless of how he did it.
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They could not have been very happy with the mess he left behind, though. While he did manage to keep all of the balls in the air until he left, they all fell to the floor just as soon as he was out of there. In retrospect, when the veil was lifted, he left a legacy of cutting corners, unwillingness to reinvest in themselves, scandals regarding cheating on government contracts, and many, many other issues. He was all about the short-term, all about impressing wide-eyed board members. There was no sustainability in his business model. And he treated employees of the company like dog schitt - employees that built that company to the one he inherited and ultimately destroyed.
I seldom speak ill of a dead man, but I'll make and exception for this guy. Yes, he "drowned a lot of puppies" in the course of his corrupt career. He ruined the lives of an awful lot of people who had dedicated their lives to his company. He simply didn't care. Stock price and his outlandish salary and bonuses were all that mattered to this man. I hope he rots in hell. They say he died of kidney failure - I hope it was a prolonged, agonizing, excruciating death that saw him pissing bloody razor blades for years. He was the very personification of evil corporate greed. Good riddance.