The collapse of General Electric began long before Wall Street admitted the truth.
A $601 billion empire disintegrated before the SEC fined GE Capital $200 million in 2020.
Under Jack Welch and Jeff Immelt, GE relied on toxic subprime debt and manufactured quarterly earnings until its corporate breakup finished in 2024. Viewers often ask why did GE collapse when it owned modern American industry. By 2026, the wreckage of that $600 billion empire serves as the ultimate case study in hollow financial engineering.
General Electric was the gold standard of American industry, valued at $601 billion. How did Jack Welch's legendary empire collapse into a federal fraud investigation, a one-cent dividend, and total dismemberment? BUILT & BROKEN uncovers the documents Wall Street ignored.
BUILT & BROKEN — one empire built, one broken, every week.
#GeneralElectric #JackWelch #GEcollapse #GECapital #corporatescandals
