Tag Archives: Jeffrey Immelt

GE CEO Privately Says Obama Is Going In the Wrong Direction

Jeffery Immelt, CEO of General Electric and in the running for King of Crony Capitalism (with Warren Buffet), now says that Obama is doing a poor job. He is afraid that big business is being vilified by the administration

I guess now that the green energy subsidies are drying up so is his support for the president.

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Government Electric Profits Up 57%

It’s hard to tell which is the bigger crony capitalist organization these days, GE, or GM. They both seem to enjoy operating under the federal blanket. It so cozy there. Read More