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The Rise and Fall of General Electric
Founded in 1892 by Thomas Edison with the backing of J.P. Morgan, General Electric has been a stalwart of American business for most of its history. Sprawling over a multitude of industrial divisions, including electric turbines, jet engines, locomotives and medical devices, the conglomerate outperformed its rivals in the 1980s and 90s by a wide margin, but in the 2000s, a series of bad deals and allegations of accounting fraud led to GE being de-listed from the Dow Jones Industrial Average in 2018 after having been its longest serving member since 1907. Tonight we discuss how this storied institution got to this point, and what it portends about the state of American industry as a whole.
https://www.bitchute.com/video/pYxGBlMQF0xw/
Myth of the 20th Century – Episode 176 – The Rise and Fall of General Electric
— References —
– Wall Street, Stone (1987)
– Barbarians at the Gate, Burrough and Heylar (1989)
– Jack: Straight from the Gut, Welch (2003)
– H-1B: Foreign citizens make up nearly three-quarters of Silicon Valley tech workforce, Baron (2018) – https://www.mercurynews.com/2018/01/17/h-1b-foreign-citizens-make-up-nearly-three-quarters-of-silicon-valley-tech-workforce-report-says/
– Trump signs executive order suspending certain work visas through 2020, Samuels (2020) – https://www.msn.com/en-us/news/politics/trump-signs-executive-order-suspending-certain-work-visas-through-2020/ar-BB15QaZU?OCID=ansmsnnews11
– Bell Labs – The Idea Factory, Myth of the 20th Century (2019) – https://myth20c.wordpress.com/2019/11/20/bell-labs-the-idea-factory/
– General Electric whistleblower: ‘I think I have a few smoking guns’ Harry Markopolos reveals fraud, Yahoo! Finance (2019) – https://www.youtube.com/watch?v=3jE10T250bo
– Open Borders Inc.: Who’s Funding America’s Destruction, Malkin (2019)
– NumbersUSA: For Lower Immigration Numbers – https://www.numbersusa.com/
– U.S. Techworkers – https://www.ustechworkers.com/
View all episodes
Founded in 1892 by Thomas Edison with the backing of J.P. Morgan, General Electric has been a stalwart of American business for most of its history. Sprawling over a multitude of industrial divisions, including electric turbines, jet engines, locomotives and medical devices, the conglomerate outperformed its rivals in the 1980s and 90s by a wide margin, but in the 2000s, a series of bad deals and allegations of accounting fraud led to GE being de-listed from the Dow Jones Industrial Average in 2018 after having been its longest serving member since 1907. Tonight we discuss how this storied institution got to this point, and what it portends about the state of American industry as a whole.
https://www.bitchute.com/video/pYxGBlMQF0xw/
Myth of the 20th Century – Episode 176 – The Rise and Fall of General Electric
— References —
– Wall Street, Stone (1987)
– Barbarians at the Gate, Burrough and Heylar (1989)
– Jack: Straight from the Gut, Welch (2003)
– H-1B: Foreign citizens make up nearly three-quarters of Silicon Valley tech workforce, Baron (2018) – https://www.mercurynews.com/2018/01/17/h-1b-foreign-citizens-make-up-nearly-three-quarters-of-silicon-valley-tech-workforce-report-says/
– Trump signs executive order suspending certain work visas through 2020, Samuels (2020) – https://www.msn.com/en-us/news/politics/trump-signs-executive-order-suspending-certain-work-visas-through-2020/ar-BB15QaZU?OCID=ansmsnnews11
– Bell Labs – The Idea Factory, Myth of the 20th Century (2019) – https://myth20c.wordpress.com/2019/11/20/bell-labs-the-idea-factory/
– General Electric whistleblower: ‘I think I have a few smoking guns’ Harry Markopolos reveals fraud, Yahoo! Finance (2019) – https://www.youtube.com/watch?v=3jE10T250bo
– Open Borders Inc.: Who’s Funding America’s Destruction, Malkin (2019)
– NumbersUSA: For Lower Immigration Numbers – https://www.numbersusa.com/
– U.S. Techworkers – https://www.ustechworkers.com/