Wednesday, June 28, 2017
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.
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