/biz/ - Business & Finance

>>10041163

It's especially sad because GE is so tied to the history of America.

> Formed by Thomas Edison and the precursor of JP Morgan
> Buy out the Marconi wireless company
> Need to sell radios, so they create RCA
> Need to make content for their radios, so they create NBC
> Create the first television network.
> give work to an out-of-work B-actor, named Ronald Reagan, giving him a jump start into national politics

(Picture: the TV show 30 rock, where one of the main characters hero's is Jack Welch and whose lifelong dream was to run GE)