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The Fall of General Electric

GE, the legendary bellwether American company, was founded by Thomas Edison in 1889. It was an original Dow Jones Industrial Average component, which represents the 30 largest stocks in the U.S. GE stayed on the Dow Jones from the early 1900?s until 2018 when it was abruptly removed.

GE was always a large company, but Jack Welch who took over in 1981 brought General Electric into the stratosphere; he led GE from being the 9th largest company to the largest by the year 2000.

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