Jeffrey Immelt Articles

What GE's Decision to Exit the Finance Sector Means

11:00 PM, Apr 17, 2015

General Electric is divesting its finance business, starting with the sale of $26.5 billion of real estate assets. Back to its roots as an industrial manufacturing powerhouse, churning out jet engines, medical devices, oil drilling equipment and the other heavy equipment.

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Immelt: Communist China 'Works'

8:09 PM, Dec 10, 2012

The chairman of the President Barack Obama's Council on Jobs and Competitiveness, Jeffrey Immelt, the CEO of GE, praised China this morning on CBS: 

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G.E.'s Immelt Is Not Backing Romney

2:27 PM, Mar 30, 2012

Bloomberg's Julianna Goldman reports that G.E.'s CEO, Jeffrey Immelt, is not "rooting for Republican presidential hopeful Mitt Romney in this year’s election." Immelt is head of President Obama's Council on Jobs and Competitiveness, as well as an informal economic adviser to the president.

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The President's Helpless Jobs Council

11:00 PM, Oct 14, 2011

President Barack Obama has a ten year $447 billion jobs plan, but the Senate isn’t buying it. The Republicans have a jobs plan, but the Democrats aren’t buying it.

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Immelt, Trumka to Join First Lady at Jobs Speech

2:01 PM, Sep 08, 2011

The White House has released the list of those who will be sitting in the first lady's box tonight during President Obama's jobs address in Congress. Among the Obamas' guests will be several business leaders and politicians, including some very close friends of the president, and others from around the country.

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See No Immelt, Hear No Immelt

First Feingold, now The Daily Show goes after General Electric
10:30 AM, Mar 31, 2011

Uh oh. First, Russ Feingold came out swinging at General Electric for not paying any taxes and now The Daily Show tears into NBC for not covering the scandal involving their parent country. It seems that Obama's favorite CEO is officially in hot water on the left:


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Immelt Down

Left and right unite: strike a blow against crony capitalism.
4:33 PM, Mar 30, 2011

Russ Feingold speaks truth to power. He calls out one aspect of the Obama administration’s crony-capitalist, big-government-corporatist, welfare-state liberalism—the relationship between the Obama White House and its favorite pet CEO, GE’s Jeffrey Immelt. Russ has a petition—see below—calling on Immelt to resign from, or for Obama to fire Immelt from, his position as chair of Obama’s Council on Jobs and Competitiveness. Sign the petition. And why not go further? Get rid of the Council, period. Surely Russ and his fellow progressives would agree on that too.

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G.E. Paid No U.S. Taxes in 2010

8:29 AM, Mar 25, 2011

General Electric paid no American taxes in 2010, the New York Times reports:


The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.

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