I think Jack Welch deserves a share of the blame as well—if you had to attribute GE’s fall to one thing (which you shouldn’t), it would probably be the funding crisis at GE Capital when they couldn’t roll their commercial paper at the height of the GFC. Jack loved GE Capital because it was the perfect cookie jar to reach into when he needed another penny or two of EPS to hit the Street consensus; just realize a capital gain somewhere in Capital, and voila, you’ve met your number again. But of course the article doesn’t discuss the financial crisis at all, or for that matter anything that happened during Jack’s tenure or the first half of Jeff Immelt’s. Or any non-Energy/now Vernova business lines.