Not News: Health Care Division at Jeffrey Immelt's GE Hurt by Obamacar

Tom Blumer
April 30th, 2014 4:03 PM
General Electric CEO Jeffrey Immelt has made nice with President Barack Obama on several occasions. Among other things, he chaired the President's Council on Jobs and Competitiveness, which met a grand total of four times in 2011 and 2012 before it was unceremoniously allowed to expire a year later. He fully expected that his company would benefit from its involvement in green energy and its…