General Electric Company (GE)

[Prudent Capitalist]

But our new CEO's (Flannery) comments on CNBC this am are being viewed very positively by the market, in that the share price has rebounded since his remarks. And his unmistakable criticisms of the recent GE past and the Immelt mistakes really impressed some of the commentators. As a long term holder of significant positions here I remain disgusted with what Immelt did to the greatest company in America after inheriting it from Jack Welch, but I will not sell any shares down here and will continue to reinvest all dividends at these levels in the belief that the Immelt debacle is finally be behind all of us and that greater times are ahead.