What's wrong with GE? An American icon is in 'crisis mode' – CNNMoney

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Jeff Immelt steps down as CEO of General Electric

Jeff Immelt steps down as CEO of General Electric

General Electric, once a reliable symbol of American success, is in turmoil at a time when the stock market is booming and the economy is gathering momentum.

GE’s (GE) stock price tumbled to a two-year low this week, after a series of management shake-ups failed to restore confidence in the industrial giant.

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