Don't dump on the entire company for the mistakes of the few at the top for not seeing the shifting landscape in power gen. Apparently all the bad leaders are replaced by good leaders.
AT&T missed the boat on wireless and internet by staying with long distance revenues bit too long. GE missed the boat on shift to distributed and renewable power gen by betting on fossil fuels too long. We know how it ended for AT&T (name got acquired by SBC, company died). GE's next chapter is not written yet. They have a chance to reinvent themselves and stay around another 130 years. They also could go the way of AT&T.
Not dead money. Yet. No one knows how the new leaders are going to run the company.
Reposted from @Uf2SugF-1pzx because we need some positivity here.