tl;dr - He turned GE into a financial services company, destroyed the culture of engineering that had built it, and bumped up their stock price via financial en

tl;dr - He turned GE into a financial services company, destroyed the culture of engineering that had built it, and bumped up their stock price via financial engineering. After he left, it's been a slow, painful trip downwards. Oh, and he fought hard against the EPA and scientists who said PCBs had bad health consequences so that GE could continue dumping them into the Hudson river and not have to pay for the cleanup until 30 years later (when he was long since retired).