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My review of Power Failure: the downfall of America's greatest company

Founded by Edison to bring electric light to the world, General Electric became America's most valuable company by 2001 before losing 90% of its value in one of corporate history's greatest collapses.William Cohan's Power Failure transforms this collapse into a Shakespearean tragedy about corporate culture and American capitalism. From Edison's first light bulbs to Jeff Immelt's desperate final days, Cohan shows how the company that literally illuminated America became "a huge unregulated bank w...

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