Cooking with James Quincey

James Quincey, CEO of The Coca-Cola Company, agreed to share one of his favorite American foods with our audience. 

Quincey is originally from England, but the new CEO now calls Atlanta, Georgia his home. 

The Quincey family quickly fell in love with the south and the local food. Butter beans has become the family's favorite side dish and is now a staple at supper time. 

Follow the directions below and send a thank you note to the Quincey family for sharing. 


1. Buy a large package of frozen butter beans at your local grocery store. 

2. Empty the frozen butter beans into a large pot. 

3. Put three pieces of washed fat back in the pot with the beans.

4. Fill the pot about halfway with water.

5. Bring the beans to a boil and then cut down the heat. 

6. Cook the beans for one hour. Add a liberal amount of salt after cooking for 30 minutes. 

7. Now you have cooked some good ole southern butter beans. Enjoy! 

Bank of America raises dividend 60%

Bank of America has increased its dividend payment to $0.48 cents per share.

The company will pay shareholders $0.12 cents per share starting in the third quarter. The company was paying $0.075 per share. The new dividend payment is an increase of 60%.

Charlotte, North Carolina has exploded in celebration. The city is the headquarters for the Bank of America Corporation.

Interview with Jeff Immelt

The Wall Street Observer:

Let's get right to the hard questions. Why did General Electric fire you?

Jeff Immelt:

I was not fired, jackass. I am retiring in August.

The Wall Street Observer:

You seem ill today. How does it make you feel knowing that most of the shareholders in your company despise you?

Jeff Immelt:

As long as my check cashes, they can hate me all they want. 

The Wall Street Observer:

When did you become the CEO over General Electric?

Jeff Immelt:

I officially took over the company on September 7, 2001. 

The Wall Street Observer:

Were you working with Al-Qaeda?  

Jeff Immelt:

F*ck you.

The Wall Street Observer:

You have been over the company for 16 years. That is a long time. If I could go back in time and invest my life savings into GE stock, how would it have performed? 

Jeff Immelt:

You would have lost 29.6% I turned every dollar into $0.70.

The Wall Street Observer:

During that same time period, the S&P 500 index gained 124%. Would you like to apologize to the shareholders?

Jeff Immelt:

Hell no. General Electric almost went under during the Great Recession. My leadership kept the company afloat.  Did I get any f*cking thank you letters? 

The Wall Street Observer:

Didn't you cut the dividend?

Jeff Immelt:

I cut the dividend from $0.31 to $0.10 a share per quarter. That move saved GE about $9 billion. You would not believe the senior citizens that kept my phone ringing nonstop over that da*n dividend.  You would have thought that I had slept with their wives and took them doggy style in their own bed. 

The Wall Street Observer:

What are your plans for retirement?

Jeff Immelt:

I am excited for the future. For the past 5 years, I have been working on an exercise program. I will be releasing that and going on a national tour to promote the product. 

The Wall Street Observer:

An exercise program? What the hell?

Jeff Immelt:

This program is cutting edge. I had GE engineers working on this project for years. I spared no cost.  I think we visited almost every strip club in the United States to gather research. 

The Wall Street Observer:

Do you feel that was appropriate using company funds and workers to create an exercise program? 

Jeff Immelt:

I sleep fine at night. 

The Wall Street Observer:

Thank you , Mr. Immelt, for your time. 

Jeff Immelt:

My pleasure.