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Tag Archives: Jeff Immelt

Has the Prince Blown It?

Another top executive is leaving Citigroup. Last month, the giant New York-based bank lost its president, Bob Willumstad. Now Marge Magner, the Citi’s head of consumer banking, is bowing out. Predictably, the Wall Street whisper circuit is crackling — or is it cackling?

SPINNING OFF JACK'S COWS

The more I see of General Electric (NYSE: GE) Chairman Jeff Immelt, the more I like him. This guy had a tough act to follow when Jack Welch retired — not least because a bunch of mistakes Jack committed in his last few years came to roost soon after Immelt took over. Jack was a great leader, but not the superman his press releases made him out to be.

SPINNING OFF JACK’S COWS

The more I see of General Electric (NYSE: GE) Chairman Jeff Immelt, the more I like him. This guy had a tough act to follow when Jack Welch retired — not least because a bunch of mistakes Jack committed in his last few years came to roost soon after Immelt took over. Jack was a great leader, but not the superman his press releases made him out to be.