Matthew Henty

This has to be one of the best quotes of the post-crunch period:

“GE’s problems could not have been foreseen, he insists. “We had McKinsey do a study in July 2007 and we asked them to say how long the global liquidity bubble will last and they came back and said forever, so it wasn’t like we didn’t ask the tough questions.”"

In a Guardian puff-piece on General Electric here: http://m.guardian.co.uk/?id=102202&story=http://www.guardian.co.uk/business/2010/jan/14/general-electric-jeff-immelt-multinational