Wednesday, April 15, 2009

A Brainless Immelt?

GE has been running this green energy technology ad for some time.



Every time I see it, I cannot help thinking of hapless, inept GE CEO singing the lyrics,

"If I only had a brain."

Seems both ironic and fitting for the firm to use such lyrics in its commercial.

Now I'll have this image of King Jeff I as a brainless scarecrow at GE board meetings.

Anyone have a match?

2 comments:

Anonymous said...

Do you think GE will get its act together? Shrink by spinning stuff off? Or what?

C Neul said...

I do not.

It seems unlikely that either Immelt or the board will ever unilaterally break up the firm into its logical, standalone pieces.

Instead, I believe the stock price will inexorably sink. Perhaps, in better economic times, a few private equity firms will descend and buy, then dismantle it.

-CN