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Part One: Jack Welch Is Why You Got Laid Off

Behind the Bastards

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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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