Episode 469 • • 24:13 - 26:55
469: This That and the Other
Jeffrey Immelt, General Electric, Chinese Communism Praise
GE Chairman Jeffrey Immelt's interview with Charlie Rose is scrutinized for his praise of the Chinese government's efficiency. Immelt, who advises the President on jobs, suggests that state-run communism "works" and encourages his team to study China's 12th five-year plan. The hosts characterize these statements as corporate pandering intended to facilitate GE's sales of jet engines to the Chinese market.