Should GE Break Itself Up?
It's an enormous, sprawling firm that is exposed to the credit crisis and the health of the global economy. A blue-chip institution whose stock has lost over half of its value over the last twelve months. No, I'm not referring to ailing banking giant Citigroup (NYSE: C), but rather to industrial and financial conglomerate General Electric (NYSE: GE). Is a break-up the answer to the challenges it faces?
The idea of a GE breakup has never gained much traction, ... [more