GE Considers Spinning Off Unrelated Businesses

GE is considering spinning off GE Capital, GE Healthcare, NBC Universal and GE Infrastructure representing 79% of corporate revenue, and 90% of corporate profits, leaving GE Consumer and Industrial, the historic core, the soul of the company, which includes, appliances, lighting and whatever "Industrial" is.  GE stockholders are said to be thrilled at the prospect of distilling the most profitable and most distasteful segments of the corporation into a separate entity as long as Jeff Immelt is carried out with the tide, and a pretty engraved stock certificate for the separate entity arrives in the mail.

The Advisor is a big fan of cutting out these unrelated and distracting businesses, but is hoping to sway the powers that be to keep the Infrastructure Division, which makes such excellent mega-machines as locomotives, steam and gas turbines, windmills, and jet engines.  How could such glorious smoke belching, freight moving, energy converting, wind harnessing, and earth shrinking industries, which define the very greatness of what this country once was and stood for, be forced to bed with the white shirted do-nothing, number crunching, pedicured, weenie geeks at GE Capital who represent in their wheezing pale decrepitude what this country has been reduced to?  NBC's "30 Rock" should stay as well for story continuity.