Jack Welch extracted record profits from GE for 20 years, but left it a hollowed-out "pile of shit," according to his successor. What exactly did Welch do that was so damaging, and how did he get away with it for so long? : AskHistorians
https://www.reddit.com/r/AskHistorians/comments/vqr30e/jack_welch_extracted_record_profits_from_ge_for/