The Fall of General Electric — Thomas Gryta

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150It was one of the world’s most valuable companies … But a series of bad business decisions and change in leadership led to General Electric’s steep decline. Thomas Gryta, author of Lights Out: Pride, Delusion, and the Fall of General Electric, joins host Charles Mizrahi to talk about the figures and controversies that ended GE’s reign as America’s most powerful corporation.Topics Discussed:An Introduction to Thomas Gryta (00:00:00) Early Days of General Electric (00:03:56)               Celebrity CEO Jack Welch (00:6:40)Stepping into Finance (00:17:23)Successor Jeff Immelt (00:20:07)Pulling Back the Curtain on GE’s Magic (00:27:07)A New Age of Regulation (00:33:34)Last Ditch Efforts (00:40:37)Goodbye Jeff (00:47:35)John Flannery’s Approach (00:50:04)Lessons Learned (00:56:17)Guest Bio:Thomas Gryta is a Wall Street Journal reporter and author. He covers the latest on General Electric as well as various industrial conglomerates.In addition, Gryta co-authored Lights Out (below), with Ted Mann. Their book follows one of America’s most iconic companies, General Electric, and its fall from grace. This gripping story serves as a cautionary tale of what can happen when businesses lose direction.Resources Mentioned:Lights Out: Pride, Delusion, and the Fall of General ElectricTranscript: https://charlesmizrahi.com/podcast/ Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!