Inside the Rise and Fall of America's Greatest Corporate Empire
The Investopedia Express with Caleb Silver
00:00
What Is So Interesting About Edison General Electric?
Thomas Edison created a predecessor company Edison General Electric but by the time the 1890s rolled around the company wasn't doing particularly well. Henry Villard and JP Morgan were looking for a way out of this thing, Thomas Edison was at this point a small shareholder. The two companies in 1892 which created General Electric with Charles coffin as the CEO and then he went around his back and made it happen without him. And then he basically slinked away sold his shares and was gone.
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