ReaganLibrary

GE and Ronald Reagan: The Mutual Gift That Keeps On Giving

As part of a one-year celebration to honor the 100th anniversary of Ronald Reagan's birth, General Electric will run ads honoring the 40th president's legacy -- and will donate $10 million to the Ronald Reagan Presidential Foundation and Library, along with an additional $5 million in scholarships. This is fitting. In a very real way, General Electric was the vehicle that Reagan rode in his journey from film star to politician. It was a symbiotic relationship, too: Although GE paid Reagan $150,000 in the mid-1950s -- when his movie career had stalled and such a salary was worth more than $1 ...

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