The Fall of General Electric — Thomas Gryta

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150It was one of the world’s most valuable companies … But a series of bad business decisions and change in leadership led to General Electric’s steep decline. Thomas Gryta, author of Lights Out: Pride, Delusion, and the Fall of General Electric, joins host Charles Mizrahi to talk about the figures and controversies that ended GE’s reign as America’s most powerful corporation.Topics Discussed:An Introduction to Thomas Gryta (00:00:00) Early Days of General Electric (00:03:56)               Celebrity CEO Jack Welch (00:6:40)Stepping into Finance (00:17:23)Successor Jeff Immelt (00:20:07)Pulling Back the Curtain on GE’s Magic (00:27:07)A New Age of Regulation (00:33:34)Last Ditch Efforts (00:40:37)Goodbye Jeff (00:47:35)John Flannery’s Approach (00:50:04)Lessons Learned (00:56:17)Guest Bio:Thomas Gryta is a Wall Street Journal reporter and author. He covers the latest on General Electric as well as various industrial conglomerates.In addition, Gryta co-authored Lights Out (below), with Ted Mann. Their book follows one of America’s most iconic companies, General Electric, and its fall from grace. This gripping story serves as a cautionary tale of what can happen when businesses lose direction.Resources Mentioned:Lights Out: Pride, Delusion, and the Fall of General ElectricTranscript: https://charlesmizrahi.com/podcast/ Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!

Om Podcasten

I’m Charles Mizrahi. I currently write Alpha Investor — one of America’s fastest-growing investment publications — and have had nearly 40 years of experience as a floor trader, hedge fund manager and money manager on Wall Street. In fact, I was once named the No. 1 trader in the nation by Barron’s. But the story of my rise through the ranks is about more than just success — it’s about achieving the American Dream. You see, I didn’t grow up wealthy. But I did grow up with the belief that America was the greatest nation on earth — a land of freedom and opportunity. And right now, I’m on a mission to prove that it still is. Although we’re constantly being told by the media that America’s best days are behind her … I know the opposite to be true. That’s exactly why I started Real Talk: The Charles Mizrahi Show. With this podcast, I want to help you — and as many other Americans as possible — rekindle the American Dream and realize that we, the people, have everything we need to get ourselves back on track. Each episode features in-depth conversations with high-profile guests who share their own unique American Dream stories, and their views on the current state of our nation. I’ll also share with you my passion for teaching everyday people how to prosper through America’s greatest wealth creator: the stock market. Because I believe we all have a patriotic duty to give back to this country — which has done so much for us.