A GE whodunnit

ONE OF THE most intriguing questions in business is what happened to GE, a company once so dear in America that its near-collapse in 2018 beggared belief. It still limps on, but the suspects behind a destruction of $500bn in value over little more than 20 years are so many that the mystery feels like a whodunnit. Does blame start with the late Jack Welch, boss from 1981 to 2001, who created the myth that GE could walk on water? Does it belong to Jeff Immelt, his successor for 16 years, who conti...