GE CEO and open Obamaton Jeff Immelt got grilled by some shareholders at the company's annual meeting. In the last year, the company has lost its AAA bond status, lost 60% of its market capitalization (share price), and cut the dividend, which many retirees had come to depend on for income. Covered by his own CNBC, it would have been a pleasant surprise to see a tough question or two. But that's soooo out of style these days.
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