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William D. Cohan

lines on the record: 152
first: 2023-02-03
most recent: 2023-02-03
sittings or episodes: 1
sources: podcast

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“Are there 10 shares you left? The other eight shares. So you want to know what my advice would have been? Write the check for the whole 220,000 would have been my advice.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I will buy two shares. I will write you a check for $24,000. So I did that, and it's okay. We'll sell the rest. I said, sell the rest. They sold the rest. No one was hurt. No harm, no foul. I gave them. $24,000. I kept my two shares. I still have them.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“So they said, okay, do you want to do it at market? I said, sure, I'll do it at market. I'll call you back. Call me back a half hour. Say, okay, you're done, 10 shares of Berkshire. How do you want to pay for it? I said, I'll write you a check. So I'm thinking I'm going to have to write a check for $12,000. He said $120,000. How do you want to pay for it? I said, what are you talking about? I'm literally having a heart attack $120,000, I went to the quotron and it said $1,200 times 10, that's $12,000. What am I missing here? No, no, no, no, no. The quotron only went to four spaces.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“So I went to the Quotron machine. There was one on the floor. One. One. I went to the Quotron machine on the floor. I put BRK into the Quotron and up pop Well, 1,200. I'm thinking, okay, 1,200 per share. I didn't have much money. And you had to put the trade through the Lazard trading desk, even though there was like one person or a quarter of a person who was the Lazard trading desk. And so I said, I want to buy 10 shares. So I thought, okay, I have $12,000 barely. I'll buy 10 shares of Berkshire Hathaway. There was only Berkshire Hathaway. A there wasn't Berkshire Hathaway B.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Who knows what? Certainly no desktop streaming of real-time financial information, which enables us to be sitting here today. And so I decided I wanted to buy some Berkshire Hathaway. I'd become enamored of Warren Buffett. He had gone to Columbia Business School. I'd gone to Columbia Business School. I just thought, okay, there's something about him that's captivating to me. So this was what, 30 plus years ago.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“You did. You mentioned that. Endless. So when I was at Lazard as an associate, it was about 1990. I used to have a quotron machine. Do you know what a quotron machine is? Oh, of course. Of course, you do. Now we have Bloomberg's streaming real-time information. The quotron machine you would put in the ticker, and up would come the price or something resembling a price.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I know Joel, but I mean, when it was owned by McGraw Hill, I wanted to work there and I couldn't pull it off. I wanted to work at the Wall Street Journal and I couldn't pull it off. So that's why in fact I told the editor at the Wall Street Journal whose office I had managed to get myself an interview at. And I was in his office when he came in and he couldn't figure out what I was doing there. And I said, I'm here for job interview. And he said, well, forget that, my friend. Really? Yes. You forget that. We have a hiring freeze on. This was 1987. And if we didn't have a hiring freeze on, we were going to hire this person from Fortune and that person from Forbes. So, you know, you can take your MBA and shove it. And I said, well, I'm either going to go to the Wall Street Journal or Wall Street.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Absolutely. Now I can. And he encouraged me to go back to get my MBA and eventually. Well, I didn't want to do it. Just like my younger son didn't want to do it, and he hasn't done it. I did do it, and it worked out great for me. One of the feelings I wanted to do was to get a job working for Business Week before Mike Bloomberg owned”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“All of that is going to before everything, okay? And so now we're sort of having a media meltdown. And of course, I'm a founding partner of PAC and we're trying to make a go of it. And I think we're doing Knuckwood quite well. So I don't know that I could, you know, and my younger son, my older son's a lawyer here in town, my younger son works in LA and sort of has aspirations towards writing and journalism. And he's doing documentary films now. So, you know, that's tough. It's great in the abstract. You know, it's great for people to get into these line of work because, you know, it's obviously endlessly fascinating and riveting and, you know, every day is a new day and you learn so much. It's great if it's not your child. When it's your child, then it can be challenging.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think he wanted me to be able to have a good life, an affordable, make a good enough living to afford a. Lifestyle that I probably had become accustomed to. So to speak, and know that being an ink stained wretch, you know, I was making $13,000 a year working for the Raleigh Times, which was fine. I was a single guy, but that was clearly not going to be sustainable long term. So, you know, I don't know, it's very tough profession. It's gotten no easier. I mean, don't forget, when I was making $13,000 a year, the EBITDA margins in the newspaper business were 60, 70%. And the paper I worked for, or the News and Observer Publishing Company, got sold by the Daniels family for $300 million.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“My father, who's still alive, never wanted me to go into journalism because he knew intuitively and correctly that it is an extremely low paying profession compared to others.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“So, you know, it's hard when you write as much as I do to actually be constantly reading other stuff, but I'm always reading articles.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I've had Scott on before. He's great. That's a very interesting book that I just blurbed, which is coming out soon. You should have Scott on. He wrote the quants and others. I had him on for that. It was fabulous.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm finishing up the divider by Peter Baker and Susan Glasser, who are my friends. I mean, it's a great book. I hate to read it because it's reliving. Of course, Donald Trump era, which I hope we all don't have to relive again, but I fear that there's probably better 50-50 chance that we might. And I've read, I've been blurbing books, so there's some new books coming out, which you'll probably want to have people on your show about. Like an introduction.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“And he basically got back his father's and his grandfather's large part of that collection. And he was just surrounding him. It was an incredible. But I mean, Andre Meyer collected art and Felix Roten collected art, but it was Michelle. Was annually named one of the best 200 collectors in the world.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Not inside the firm. The partners had an incredible art collection. And one of my favorite parts of the Lizard book was when I went and spent time with Michelle David. Of course the descendant of the David Vay family who owned the firm before Bruce Wasterston came along. As I said, stolen and took it public. Michelle and I would meet at his apartment on Fifth Avenue and that was just filled with art. And then I met with him once at his incredible full block townhouse in Paris, which is filled with this incredible art collection. And he walked me through his collection. He basically did an explicacion de text of his collection in how it had been stolen by the Nazis during World War II. And he had to fight to get it back.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“It was more of a, I mean, Lazard always seemed like a Viper pit, and of course it was if you were a partner, but I wasn't. I left before I became a partner, but JB Morgan Chase, it was a true Viper pit, at least before Jamie Diamond got there. And people were at each other all the time”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Right. Thank you. And Mel Mencher was the proponent of that. And then in banking, I think a guy who's still my friend, David Sapino, at Lazard, who was a Lazard partner, he was also a Renaissance man. loved art and collected art is, you know, I love art and he's a real collector. And he's also a writer, David, he was a lawyer at Sherman and Sterling. Then he went to Lazard as a gardener. He was head of the restructuring bankruptcy effort. I mean, he was a true Renaissance man, and he's written bibliographies of great writers. And he's incredibly important to me in my banking and writing career. And so I think of all I didn't have many mentors at JP Morgan Chase. I had sort of... Colleagues who were very competitive.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Quite understood what that meant for a while, but I figured it out now. And basically, if you don't do the reporting, you can't write anything. So you have to do the reporting. You can't just You've got to do the reporting. And so that's why these books are so full, chock full of reporting, because if you don't do the reporting, you can't do the writing.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I have not watched that by the way Let it roll. It's fantastic. Well, I mean, I think, and I've talked about this in my book somewhat, I mean, you know, I had two careers. I had an investment banking career, such as it was, and journalistic career, which probably been better. So I think one of my important mentors was a guy named Mel Mentor who was a professor at Columbia Journalism School who basically told me something I've never forgotten. And he was a very tough professor, and most people could only take his course for one semester because they couldn't stand it. He was very rough and gruff and abusive. But I, of course, loved that and took him for the whole year. It was a one-year program. He always used to say you can't write writing. You can only write reporting.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I mean, I've been bad sisters, I have to say, I really liked. They really are bad sisters, but they're great. Now watching Dairy Girls. Which is, you know, crazy fun. But, you know, it's been like call my agent. I love that.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Whatever that orangutan is on top of his head, that is not, and the pictures of him making it up in the wind and the making it up in the morning are like my favorite thing ever.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“He said, you know, Bill, you know, I thought that that Atlantic article you wrote was a bunch of crap. But then I saw you on Bloomberg talking about it. And the anchors wanted you to say bad things about me. And you wouldn't do it. And I really appreciated that. And so as a result, he told me he would talk to me for the Trump University article. And then he told me my favorite line of all, which is... He said to Like me, Bill William, like me, William, you're a good looking guy and you have a great head of hair. And I thought the like me part was my favorite thing ever.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Even though Wall Street won't do business with him, and I understood why because he was famous for not paying his bills and stiffing creditors, but he had evolved. So then that was the Atlantic article. Then I call him up and I say, I want to do this article about Trump University. And I didn't know whether he was going to, I knew he didn't like the Atlantic article because he had written me that he didn't like it. But I didn't know whether he was going to talk to me. But I figured, okay, he calls me up and he says, William, he called me William. Basically, I won't do his voice, but I could, but I won't. Come on, do his radio. He said.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“He had a brand. He had a brand. I mean, and of course, as we all know, he capitalized it on 2016. So I come on TV here, and the anchors, who I don't remember who they were, but they were asking me, you know, they were saying, but, you know, Donald's not a very good businessman, is he? You write in your article, I said, well, actually, he wasn't a great businessman, and he's probably not worth as much as he claims to be, but he has evolved. And I have to give him credit for evolving his business model and becoming smarter about that. He had invested $40 million in the Chicago Tower, which he lost, but basically that was chump change as far as Donald was concerned. He was using other people's money. He was taking fees for licensing his name. And I thought that was pretty smart.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Okay, so can I tell you this story? Sure. This is like So, I had written this article in The Atlantic about why nobody on Wall Street does business with Donald Trump anymore except for Deutsche Bank. And I talked about in that article how he had evolved as a businessman where instead of putting his own money at risk and losing it oftentimes, Trump heir and Trump stakes, whatever it was. He had decided to license his name and just take fees. And that much better business model. He was capitalizing on his name recognition and his so-called business expertise.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Let me work on it for you, but I think he's basically favorably disposed to exist. And I'm getting ready to go. And then I get an email saying, you know, no bill. He's changed his mind. He's not going to let you go with him. But he did want me to ask you this question. What happened to you, Bill What happened to you? The implication being, you know, I thought you were a fan of Donald Trump's. Now you seem to be so against him. We can't have somebody who's this against Donald Trump going with him and reporting on him.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“And so Graydon said, Well, you're the only one that gets along with him. Can you see if he'll let you follow him around on the campaign trail? So at that time, as you'll remember what Donald liked to do is he would take Trump air out for the day and he'd fly to Iowa or he'd fly to Minnesota or he'd fly to Chicago and they'd fly home to sleep at Trump Tower. So I asked him if I could go on a day, go with him. And Hope Hicks, who was his communications person at that time, I was in touch with Hope. I mean, and Hope basically said, yeah, we can get you on. We can get you on. I think this is going to work out, you know.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“And then Graydon, so then he announces he's, you know, he comes down the escalator in June of 2015 and he announces he's going to be a candidate and he's like campaigning. So Graydon said, well, you're the only one that, because of course, as you pointed out, Graydon had referred to Donald Trump as a short-fingered Vulgarian in Spy magazine. So let's just say Graydon and Donald Trump didn't get along very well. Among other things over the years that Graydon had done to Donald, presciently, I might add.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Right, but this is why mainstream Wall Street doesn't do business with Donald Trump. This was in 2013, beginning of 2014. And I talked to the Donald for that. He was not a pretend candidate at that point. So, you know, I spoke to him several occasions, and then he didn't like that article. It was critical of him. And then I wrote an article in Vanity Fair about Trump University and Eric Schneiderman, then the New York State Attorney General going after Trump University. And I spoke to him again, as well as Schneiderman, and they basically went at each other in this vanity fair article. And that was fun. That was great.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, it'd be a great merger with Goldman, which ironically is the thing that John Corzine was trying to do in the late 90s, do that merger, and was trying to do it without the approval, as I write in the book, of his partners on the management committee like Hank Paulson, and that got Corzine Zotz.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Bank of New York Mellon or something, which doesn't have investment banking so that you won't overlap there, but it has a very big asset management business and a very big sort of back office.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“And so Goldman's valuation is around 110, 120 billion, and Morgan Stanley's is around 170. Now, meanwhile, JB Morgan was, what, 450? I don't know what it is today. So JB Morgan chased, you know, Jamie Diamond, of course, is the biggest bank, the most powerful financial institution. And that used to be Goldman's role. But, you know, Goldman has not diversified well or easily and obviously now everybody's wondering about David Solomon and his tenure and how long he can last his effort at diversification into consumer banking was very expensive and so far unrewarding trying to get into commercial banking and banking generally. Basically Goldman needs to do what the Fed won't let it do, which was buy a balance sheet, merge with a big”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“The ones that it's done have not worked out particularly well, except for perhaps Jay Aaron, which got them a lot of management talent. But basically hasn't worked out. Whereas Morgan Stanley has been much more successful at doing deals and diversifying its business away from the volatile investment banking and trading businesses to more steady fee income. And it's gotten rewarded now. It trades at 1.7 times book. It's market cap is like 40 to 50 billion dollars higher than Goldman's now.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Basically, but it's no longer, you know, it's trading below book value. It went public at like four times book value. It's trading below book value or at book value. Morgan Stanley, its longtime rival, trades at 1.7 times book value. James Gorman, the CEO of Morgan Stanley, diversified Morgan Stanley into wealth management and asset management, Bob Smith, Barney. Goldman has sort of been stuck. The truth is it's not very good at doing M&A deals for its own account.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“It's two different questions. I think there are still Goldman execs who managed to make the leap into government all around the world. Better than any other bank and their influence continues to be unparalleled in the halls of government. Obviously it depends on the administration. Like in the Trump administration, they were kind of everywhere in the Biden administration less so, but there are still examples. Then there's the question about Goldman as a bank and as a financial institution, still highly respected, still probably the number one place that college graduates want to work and NBAs want to work probably number one still in prestige, certainly number one in many investment bank categories, including M&A and has been forever.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“I had a great time writing about Lazard because that was, first of all, my first book. And of course it was a challenge who was I to think I could even write a book? I mean, I hadn't written anything in 20 years, but I decided, well, you know, this is what I was going to do. And I knew it was a great story. I knew the characters were great. And I knew that because I had worked there, even though it was, you know, 10 years before. And I didn't take a single note or anything. I had no plans ever to write a book. So, you know, to me, it was every page was kind of a revelation, you know, going back and trying to figure out the history and then unearthing various scandals, which I'd heard about, but no one ever talked about. And so it was just, I was just a lot of fun.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Before seen this movie repeatedly, not just at GE, but in other places too. Know PNG and at DuPont. I mean, come on here, Bob. The leopard doesn't change its spots. And why does scorpions sting Bob? Because that's what they do. Right. But Bob Eiger is going to learn the hard way, I think.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“That's not how it works out. It's fine if you make your numbers and the stock price goes up and you do everything he wants you to do. But Jeff got overtaken by events. It didn't work out. And the smiling crocodile Nelson bared his teeth and basically was responsible for Jeff Immot being fired. And basically being responsible for firing. John Flannery after 15 months in bringing in Larry Culp, who is still there, and sort of Larry Culp sort of executing the Tryon playbook. And so then when I see try and making a $930 million investment in IGR and IGER kind of asking for a board seat, and IGER kind of showing him his hand, well, I couldn't resist writing that that is a big mistake.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Alstom, the big power generation business in France, and was remaking the company. And he thought, well, he had been told that activist investors were going to come into the company one way or another, so Jeff decided he would invite someone in who we thought would be friendly to him because he knew Edgarden's brother from Dartmouth and he had And Jeff would go down there for Easter and other holidays, Thanksgiving, and things like that. And so he thought bringing Nelson, and he would talk to Nelson and get advice and invite him up to Crotonville and things like that. And he thought that he was going to get a sympathetic partner by having Tryon partners by $2.5 billion worth of GE stock.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, of course, I've known having done all this restructuring work at Lazard and working with private equity firms at Merrill and JP Morgan Chase. I was extremely familiar with Nelson Peltz and Tryon. And of course, they had taken a $2.5 billion position in GE and Jeff Immolt had been friends with Edgarden's brother, Edgarden is Nelson Peltz's son-in-law. After Jeff Immelt decided to sell GE Capital in 2015, Project Hubble, he also decided it would be a great idea to invite Tryon partners into the GE Capital shareholder base as sort of a way to ratify Jeff's strategic initiatives. To refocus the company on its industrial origins, to get out of GE capital, he'd by that time gotten out of NBC Universal, he had doubled down by buying”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Death song from buying the equity. I'm not sure. I mean, it was pandemic related because everybody was not going anywhere. And the demand for rental cars evaporated. And I guess they figured correctly that it would. Rebound and they were right.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“As creditors. And then you convert that debt to equity in the reorganized company. And then maybe that'll become worthwhile. Maybe it will, maybe it won't. With Hertz, what happened is that there was like a bidding war for Hertz in bankruptcy. And once you make the creditors whole, then you can control. The equity you can control the action. And so this is apparently something that these hedge funds did and made a killing.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, look, usually in a bankruptcy, a company files for bankruptcy because they can't pay their creditors. They can't pay their bills as they become due. That's what happened with FTX. That's what happens. People, companies go into bankruptcy because they literally cannot pay their obligations as they become due.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Absolutely not. Because in 999 times out of 1,000, the equity gets wiped out. For instance, when Revlon filed for bankruptcy, Last year. And next thing you know, it became a meme stock And the equity went up six times. I wrote and said this basically is insane. This is insane. The equity is going to get wiped out here. You are making a major mistake. And of course, the equity got wiped out in the restructuring. Once every thousand times something weird happens, and that's what happened with Hertz.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, you know, when I was at Lazard, I did a lot of restructuring advisory work, both out of bankruptcy and in bankruptcy. So, I mean, you know the law.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Even though most people doubted that he could ever do it. And up on stage, and this was, I think, during the Obama years it was, and Jack just lit into, it was offensive almost how virulently anti-Obama he was. So, you know, Jack was to the right of Attila the Hun, I think, you know, kind of thing. But he did not like Donald Trump.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“For a little bit, Bob Wright also lived in Nantucket and Wren, NBC, and then NBC Universal for a long time was a vice chairman. Jack brought him in.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“He was virulently anti Obama. I remember going to a talk that Jack gave with Bob Wright in Nantucket at the Nantucket High School, and I was in the audience.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source
“Of course it was telling, but we were talking about a major, can you figure out in fairness, can you figure out Amazon? Can you figure out Google? I mean, this is your business. I can figure that out.”
2023-02-03 · Masters in Business · William D. Cohan on the Rise and Fall of GE · IDENTIFIED FROM THE TRANSCRIPT · source