General Electric

Welch led the industrial conglomerate for two decades.
The red-nosed reindeer — brought to you by a department store, General Electric, and a Jewish songwriter — remains a fable about the American dream.
The company's stock has more than halved since Flannery took the top job at GE just over a year ago.
The state is caught in an economic straitjacket and there's no easy way out.