Why is Jeff Immelt still employed by GE? he has ruined the Company and cares nothing about his share holders. He and his board need to go empty handed.

MaryLou...

What in particular do you think he did wrong? More diversification? Less? Sell something? Buy Something? Drop the finance division, historically the most profitable?

Besides the stock going nowhere for ten years and then tanking what is different in how GE performed vs the S&P 500 which also has gone nowhere.

I think that all should consider that GE got hammered mainly because it was treated as a financial and the diversification that is reality, was not a prime consideration.
Warren made a recent statement to the effect that the economy fell off a cliff. Let's not be too hard on this man as he does sort of "work his way up and down the observation ladder" and does look at things from different levels. He does spend most of his time at mid to upper levels and this time he blew it as all of the signs were on the bottom rungs. If you were to ask him now - you will get the right answers.
Perhaps some of the upward movement may be from an unlikely place - the President. He has been talking (a lot) and he does know where the real immediate trouble spots are. Although he alone may not be able to do much for resolve, at least he is aware. This is a major plus. Another is that the powers of this world are at least sitting down and talking. Now, if they just can do better than Congress and agree on something in the way of a uniform approach there may be reason for economic stabilization, perhaps even motivation.
I have not seen enough to become optimistic yet, but at least there is finally some steps in the right direction.
Now, somebody tell me why gold is going up along with the stock market? Appears that I am not alone in the pessimist area.

Maybe we should start rating the rating services. Aren't these the same schmoes that rated the now valueless financial instuments as AAA?