Power Failure: The rise and fall of General Electric*

Power Failure: The rise and fall of General Electric*

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That is the new book by William D. Cohan, which I just reviewed for Times Literary Supplement. Gated, but here is the opening bit: The individual stocks of the Dow Jones Industrial Average typically fall from grace with some regularity. Of the thirty Dow stocks listed in 1990, for instance, only…

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