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Part One: Jack Welch Is Why You Got Laid Off

Behind the Bastards

CHAPTER

The Addiction of Jack Welch

Friedman disciple Jack Welch was picked to be the new CEO of General Electric. Jones threw him a party at the Helmsley Palace, an upscale hotel in New York City. As the night wore on, Welch had a bit too much to drink and couldn't get through his remarks without slurred words. The next morning, Jones stormed into Welch's office: I've never been so humiliated in my life.

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