And then you wouldn’t be sending money from GE Capital up to GE parent. And you wouldn’t be doing your share repurchases,” which cost GE tens of billions of dollars in cash that it could have used—should have used, in hindsight—to shore up its balance sheet, not speculating on its own stock. But, the logic went, Jeff did these things in his quest to “reshape the company,” make $2 a share, “get the stock to $40,” and then “Jeff can go home saying it’s a win.
