
Rerun: The GE of Today
TechStuff
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What Happened to G E's Stock Market?
In the wake of 9/11, all airline operations in the united states stopped for several days. That had a direct impact on g e's business which included building stuff like jet engines and leasing out parts to various companies. On top of that, g e's insurance business was suddenly inundated with claims,. The overall performance of the company was what mattered, right? So who cares what's happening in the individual divisions? Well, emelt would get to work selling off parts of g e'sInsurance business - though the company would still maintain some of that business up to present day. He also began to look at possible acquisitions.
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