"The richest people made the most mistakes with the least accountability. "
- JEFFREY IMMELT,CEO of General Electric, on the compensation and business practices that prevailed before the financial crisis
" I would bet on it.
- JACK WELCH,former CEO of General Electric, on whether the U.S. automobile industry will be competitive again in three to five years
"Buffett is the poster child for what the Fed and Treasury want to see
happen: private money coming in to turn things around."
- JAMES W. PAULSEN,chief investment strategist for Wells Capital Management, on Warren Buffett's $3 billion investment in General Electric, the nation's
largest non-bank financial company
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