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Re: Rumor about GE
"Nomen Nescio" <nobody@xxxxxxxxx> wrote in message
news:ee8db99d1dfa4b93b654d200de01899f@xxxxxxxxxxxx
> >I heard an interesting tale from a source about GE. The buzz was that GE
was
> >unhappy with its security division and was looking to sell.
>
> Could very well be. Jack Welch, the former head of GE, believed that
every
> GE business unit needed to be first or second in its market, or else face
> being spun off or closed. Welch is gone, but that attitude may persist.
Well they would certainly be at least 2nd behind Honeywell
I meet with GE people all the time, they've never said anything about this
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