Former GE CEO Jeff Immelt was asked about the company’s accounting practices. Here’s what he said was ‘fluid.’
February 18, 2021 at 11:32 AM EST
General Electric is no longer the blue-chip titan it was back in the 1990s. But the more the company's accounting practices come to light, it's not clear that the company under legendary CEO Jack Welch was ever what it claimed to be.