The Importance of Maintaining Profits

CNN's John Sutter looks at the rise of Jack Welch as CEO of GE. He says many times people who become insanely wealthy and powerful go into a "money river" when they're about to be set up for success. The company gave him new responsibilities so he could test his mettle, writes Sutter. But it was not an easy time in American capitalism where companies would lay off employees just to improve their profit margins," said Sutter.