Welch leaves GE in 2001.
The derivates debacle that GE so quietly coughed up $50,000,000 was in the 2002 timeframe.
The massage of the earnings started under the Welch watch.
Another near-billionaire avoiding financial disaster. Lucky guy and good work if you can get it.
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
Thursday, August 06, 2009
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