# Professor Aswath Damodaran discusses GE's decline

1 Faculty News November 20, 2017 ![CNNMoney logo](/sites/default/files/styles/246w/public/assets/images/con_030743.jpg?itok=5lrpsukl)>

Excerpt from [CNNMoney](http://money.cnn.com/2017/11/20/investing/general-electric-immelt-what-went-wrong/index.html) -- "Others argue GE should have sold GE Capital long before it got so big that it endangered the rest of the company. 'They were too proud. They couldn't let it go. By the time they spun off GE Capital, it was already damaged and nobody would give them a fair price,' [Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) said."

[Read more](http://money.cnn.com/2017/11/20/investing/general-electric-immelt-what-went-wrong/index.html)