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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. of the company.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

28, as Bond Girl, she wrote a 1,650-word blog post for the Financial Times’ Alphaville on a proposed debtor-in-possession financing for bankrupt Detroit. It is not a balance sheet test, but a cash flow test. That’s more than the state’s total projected general-fund spending in fiscal years 2016, 2017 and 2018 – combined.