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Politics : Did Slick Boink Monica? -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (16858)	7/10/1998 10:56:00 PM
From: jlallen	Read Replies (1) \| Respond to of 20981

I don't think he called him a friend. Just someone "interesting" to have dinner with. JLA

To: DMaA who wrote (16858)	7/11/1998 7:39:00 AM
From: Zoltan!	Respond to of 20981

Well, the media also dubbed GE's chairman Welch "Neutron Jack", because when he took over he drastically transformed GE and lopped off thousands and thousands as he shed poorly performing businesses and corporate "dead wood". Welch got the same sort of press. GE is now widely considered the best-managed large corporation on earth and its market cap has soared some 30X to over $300 billion under his tenure. The fact is that people who write about business and economics in the mass media are both ignorant on the subjects and liberal. Sorry for being redundant. Btw, I know Sunbeam well and Dunlap was taking on a very tough case - the business they were primarily in - small appliances - is a commodity business where retailers set the terms. Maybe you missed it but Black & Decker, which about a decade ago bought GE's small appliance business from Welch, recently threw in the towel and sold its business to Windmere. biz.yahoo.com Black & Decker seems so desirous of shedding that business and emulating GE that it is allowing Windmere to market under the B&D name for 10 years. When GE sold to B&D the term was only 3 years.