Ever since Jeff Immelt succeeded the legendary Jack Welch as CEO of General Electric, critics have questioned his ability to lead the sprawling conglomerate. Though GE's stocks have tumbled to historic lows, GE's bona fides remain sterling: a rare triple-A credit rating, the last of the original 30 component stocks still in the Dow and a clutch of powerful brands. But on Wall Street, GE's star is fading fast, with a market-value loss of nearly $300 billion and declines outpacing market averages and its troubled peers. By Maureen O'Connor.
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Farnoosh Torabi is a senior correspondent for TheStreet.com and author of You’re So Money—Live Rich Even When You’re Not. Farnoosh writes a monthly column for Entrepreneur and has appeared on NBC’s Today show and CNN.
Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects.
Martin Jacques is the cofounder of the UK think tank Demos, writes a regular column for The Guardian, and is a visiting research fellow at the London School of Economics Asia Research Centre. His new book, When China Rules the World, is available now.
Christopher Buckley's books include Supreme Courtship, The White House Mess, Thank You for Smoking, Little Green Men, and Florence of Arabia. He was chief speechwriter for Vice President George H.W. Bush, and is editor-at-large of ForbesLife magazine. His new book is Losing Mum and Pup, a memoir. Buckley's Daily Beast column is the winner of an Online Journalism Award in the category of Online Commentary.
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Peter Beinart, senior political writer for The Daily Beast, is a professor of journalism and political science at City University of New York and a senior fellow at the New America Foundation.
Jeffrey Koterba is an acclaimed syndicated political cartoonist. Since joining the Omaha World-Herald in 1989, he has been a finalist for Editorial Cartoonist of the Year from the National Cartoonists Society and has placed second in the National Headliner Awards. His work is distributed through King Features Syndicate to 400 newspapers nationwide, and has appeared in such publications as the New York Times, the Chicago Tribune, and the Washington Post, among others.
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