GE: Profile of a Corporation

Early in 1960, when the big price-fixing indictments against General Electric were made, Ralph J. Cordiner, GE board chairman, called the resulting publicity a “blow upon the company’s good name. But this situation will pass,” he added, “as have other unfortunate situations.”

There have been many other such “unfortunate situations.” GE’s record includes, besides price-fixing and other antitrust activities, anti-union efforts and ties with...