Hopefully he sold at least half his stock when Welch retired.
My dad worked for GE for 39 years 1st and Schenectady New York and
Hopefully he sold at least half his stock when Welch retired.
... I would have been too young to keep track of such things however my dad was not one who really dabbled in the stock market what much and you really didn’t have to because at that time treasury bills we’re about 10%. And I don’t think in his retirement fund he would have had more than 5% in General Electric stock. Also at that time he had a pension which my mom is benefiting from now.