About this item
New York Times reporter and "Corner Office" columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that's wrong with capitalism today and offers advice on how we might right those wrongs.In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch's achievements didn't stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE's stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day.
About the Author
David Gelles is a reporter for the New York Times, covering mergers & acquisitions, corporate governance, and Wall Street. You can find most of his most recent work on DealBook. Before joining the Times in September 2013, he spent five years with the Financial Times. At the FT, he covered tech, media and M&A in San Francisco and New York. In 2011 he conducted an exclusive jailhouse interview with Bernie Madoff, shedding new light on the $65 billion ponzi scheme. David is writing a book about mindfulness at work, bringing together his 15 years of meditation practice with his work as a business journalist. 'Mindful Work' will be published by Houghton Mifflin Harcourt in 2015, and will explore the growing influence of Eastern wisdom on Western business. He lives in New York City with his wife and daughter.