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Subject GE Scumbag Jeffrey Immelt to Head Obama's Jobs Panel

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Original Message WASHINGTON—President Barack Obama will announce Friday that Jeffrey Immelt, chief executive of General Electric Co., will head a new White House board aimed at finding ways to foster private-sector job growth.

The board will replace an existing panel called the President's Economic Recovery Advisory Board, led by former Federal Reserve chairman Paul Volcker.

The name of the new panel stresses competitiveness and job creation, which are expected to be themes of Mr. Obama's State of the Union Address next week. It will be called the President's Council on Jobs and Competitiveness.

Mr. Immelt also served on the previous panel. Mr. Volcker will not join the new council.

Putting a prominent chief executive atop a panel is the latest gesture by the White House toward strengthening ties to business.

[link to online.wsj.com]

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