PressScrutiny posts

Feed

GE's Jeff Immelt bounced a check: can we trust him as CEO?

GE's CEO, Jeff Immelt, just bounced a $2,000 check he gave to a fundraiser, and the story is getting passed around various websites and newspapers. It has got to be tough to be a star, politician, or high-profile CEO where every stupid little thing you do is pounced upon by those who follow you around analyzing your every single move.

In this NY Times article about Jeff's little oops, it is pointed out that many wealthy people don't pay attention to the little details that regular people do. Like making sure your account is current or has enough money to pass a check. While the article is written in joking fashion, it does evoke a response in me. Though I do sympathize with Jeff's awkward position, being under the public scrutiny of the press and shareholders, it's the little things that always trip the big people and the big companies up. It's that little invention that changes things from the ground up. It's the suggestion by the guy on the line. It's an attention to detail that is important.

Can we really trust in a CEO that doesn't understand his own financial position to a point that he bounces a check?

Continue reading GE's Jeff Immelt bounced a check: can we trust him as CEO?

Symbol Lookup
IndexesChangePrice
DJIA-0.5210,611.32
NASDAQ-4.562,363.90
S&P 500-1.261,148.98

Last updated: March 12, 2010: 10:57 AM

Hot Stocks

General Electric

16.58+0.10(+0.61)

Alcoa

13.68+0.04(+0.29)

Apple Inc

226.34+0.84(+0.37)

Google Inc 'A'

580.44-0.70(-0.12)

Bank of America

17.08-0.04(-0.23)

Wal-Mart Stores

53.94-0.03(-0.06)

Exxon Mobil Corp

66.90-0.32(-0.48)

Ford

13.14+0.23(+1.78)

Citigroup

4.08-0.10(-2.39)

IBM

127.86+0.26(+0.20)

Yahoo

16.33-0.20(-1.21)

Starbucks

24.24-0.03(-0.12)

Microsoft

29.10-0.08(-0.27)

Home Depot

32.46+0.33(+1.03)

DailyFinance Headlines

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

CNNMoney Headlines

More CNNMoney.com

Financial Times Headlines

More Financial Times

CNBC Headlines

More CNBC.com

SmartMoney Headlines

More SmartMoney

Fox Business Headlines

More Fox Business

Engadget Headlines

More Engadget