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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (96053)3/13/2002 5:34:27 PM
From: Captain Jack  Read Replies (1) of 97611
 
LOL! Maybe he eats Wheaties,, check this;;;;;;;;
NEW YORK, Mar 13, 2002 (AP Online via COMTEX) -- Former GE chief Jack Welch's
wife is negotiating a divorce days after the editor of the Harvard Business
Review acknowledged a relationship with him.

Welch and his wife, Jane, have been married for 13 years. The couple live in
Fairfield, Conn., but also have homes New York, Florida and Massachusetts.

"We're currently negotiating a settlement, trying to work things out and avoid
going to court. If we do that, then the divorce is just a matter of paper work,"
Jane Welch's lawyer, William Zabel, told the Associated Press on Wednesday.

Zabel, who was hired Friday, said he was trying to keep negotiations amicable.
"I'm trying hard to make it that way. It's very early."

Zabel refused to say if the breakup was prompted by Welch's relationship with
former Harvard Business Review editor Suzy Wetlaufer.

The Daily News reported the split Tuesday.

"As has been reported in the media, my wife Jane and I are involved in a
divorce, which we both expect to be amicable," Welch said in a statement. "All
details regarding our marriage and divorce are personal to both of us, and I
hope the media will respect our privacy. I do not intend to make any further
comment about this matter."

Zabel said the couple's prenuptial agreement expired "a couple of years ago,"
but he would not discuss anything else about the negotiations.

Forbes magazine's list of 400 richest Americans last September said he was worth
$680 million.

"People can speculate all they want what (Jack Welch) is worth and what we're
asking for, but none of that will be discussed by me," Zabel said.

Welch's relationship with Wetlaufer developed while she was writing a story
about him.

Wetlaufer later recommended that her article be scrapped, saying she had grown
too close to Welch. The publication reassigned the story to other staffers who
reinterviewed Welch. Wetlaufer was forced to take another position at the
Review, and several staffers resigned in protest after the disclosure.
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