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Thursday, July 01, 2010

GE Distances Itself From CEO's Reported Comments

Who is this GE and how can it distance itself from the guy who runs the company?

Via the Wall Street Journal:
General Electric Co. said Thursday that blunt language reportedly used by Chief Executive Jeffrey Immelt at a gathering in Rome to describe China and the Obama administration doesn't reflect the company's views.


GE's disclaimer followed a report in the Financial Times, which quoted Mr. Immelt lashing out at China for making it hard for foreign multinationals to do business there and the Obama administration for its approach to regulation.
Unless Immelt is no longer CEO, this is a bizarre comment.

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