Jack Welch Confronts A Difficult Final Act To a Legendary Career.

Discusses the response of General Electric (GE) Chairman Jack Welch to the expected failure of the proposed acquisition of Honeywell International, which did not win approval from European antitrust regulators. Relationship between Welch and European Competition Commissioner Mario Monti; Attitude of Welch about the deal; Suggestion that the merger's failure may be good for GE, because it would be difficult to smoothly integrate Honeywell into the company; Mention of Welch's retirement.