addition to the effects of September 11, Jeff was also operating in a political environment that was very different from Jack’s, particularly when it came to corporate transparency. After the dramatic collapses of Enron and other big companies such as WorldCom, Global Crossing, and Adelphia Communications due to accounting scandals and other financial irregularities, the media and investors were increasingly skeptical of nearly everything they had once thought they understood about corporate disclosure and accounting. In that context, it was inevitable that questions would be raised about GE
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