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Jeff Immelt: ‘I Hate Being No. 4′

GE Chairman and CEO Jeffrey Immelt, at the Web 2.0 conference in San Francisco this week was responding to a question about whether NBC’s lackluster primetime performance had anything to do with GE potentially giving up controlling interest in the news/entertainment company. “I hate being No. 4,” Immelt said, adding “I assume we can be No. 1 again.”

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