Since its founding in 1892, General Electric has been more than a corporation. It has been an American institution. For decades, it was a winning lottery ticket for its hundreds of thousands of employees and a safe bet for shareholders. For its executives, it was an elite business education, and for some a path to enormous riches. GE electrified America, powered its biggest machines, and became integrated into American society as few companies ever did. It was so large that it was given the same brand of financial credit and trust as the US government itself. GE melded Thomas Edison’s
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