if ge were to get a report card for governance five years ago, they would have gatten straight as.they should have gone the fs. where the hell was this board, in the spirit of full disclosure, jeff asked me to leave the board in 2004 because of the interview i had given "fortune" magazine and i used colorful word. and to my good fortune i stayed, i had a lot of stock in ge, and i kept it for 0 days. if i had sold it within 90 days. when the 90th day was up, i got $43 a share. so i want to thank jeff in that regard. but i can't believe the pieces he's writing. the latest one is about leadership. and the other one is about managing through low cycles. he took the most of valuable corporation on earth in the year 2000 and today the paper i read yesterday, the possibility that general electric's bonds might become junk status. you are telling me that he did a transformation? he had a big steel ball on a crane and he destroyed it as if he was tearing down an old building. maria: how did he do it? what was the biggest mistake? >> the board of directors. here is what you told us the reaso