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General Electric's Harlem Horse Trade
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 3/26/2011 2:12:43 PM

By: The Street

"NEW YORK (TheStreet) -- General Electric Chairman and CEO Jeff Immelt and Rep. Charles Rangel (D., N.Y.) might seem like an odd pairing.

Immelt is a Republican who leads a giant corporation based in Fairfield, Conn."

"Rangel has represented the decidedly unpreppy neighborhood of Harlem in the U.S. House of Representatives for 40 years.

What the men have -- or at least had -- in common were two things: immense power and a keen interest in tax policy"


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