Welch Retracts Credibility Statement, Now Claims Immelt Going to Hell

Wait a minute. What? He said he's a "hell of a CEO?" Oh. I'm sorry. I guess I must've misinterpreted his statement. Just like Welch claims he was misinterpreted when he announced to the financial universe yesterday that Immelt had a "credibility problem" on live television. I'm guessing GE stopped paying for Welch's use of a good PR agent when it redesigned his retirement package after it was leaked to the media during his highly publicized divorce. However, it's nice of GE to give Welch more airtime to apologize for bad-mouthing the CEO for being honest with investors. Who has the credibility problem now?