Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Thursday, August 06, 2009

Welch of GE

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.

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