Another Wall Street analyst, who asked for anonymity, said that early in Jeff’s tenure he was shown—either by Wall Street bankers or by big shareholders—a plan that would have reeled GE Capital back in and made it a much smaller and much less significant part of the overall GE picture. “If he had unwound this business, you would have been sitting there saying, ‘Holy bejesus, Jeff Immelt is a fricking genius. . . . I know he was shown something that told him, ‘You’re going to take a hit today, but you will be happy in the future if you do this.’ He basically said, ‘Yeah, thanks for the
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