GE Audio & Video: Podcasts, Stream GE, On Demand

GE: imagination at workskip to main contentskip to secondary navigation

Audio & Video

Reagan Reflections: Dave Ekedahl

Dave Ekedahl, a 38-year GE Capital employee, who retired in 1995, tells of his meeting with President Reagan and the GE stories he shared prior to his speech at the American Financial Services Association National Convention.

View Interactive Transcript

Interactive Transcript
close

Click on any phrase to jump to that point in the video.

[My name is Dave Ekedahl, and I retired from GE Capital in 1995 after working]

[there for 38 years. And I worked primarily most of my career in the consumer financing]

[business and ended up being the chairman of GE Capital's global consumer financing]

[business for the last 5 or 6 years I was there. ]

[Well, I think it was 1989; I was the chairman of the American Financial Services Association,]

[which was a group of non-bank banks, an organization that represented them]

[in Washington, and I had worked with AFSA in a number of different areas and]

[ended up being the chairman for a couple of years. ]

[The time that I had the opportunity to meet President Reagan had to do with that. We had]

[a convention in San Francisco that year. So we thought about who we might get for a ]

[keynote speaker, and the thought of President Reagan came to mind, certainly because]

[he was located out there, and he had just recently left the Presidency. And he had had a ]

[connection with the forerunner of AFSA years back, and it was a very favorable connection]

[so there seemed to be good vibes, so we went and asked him, asked his agent. ]

[And he asked President Reagan, and Reagan said that he would love to do it. ]

[Actually, it was the first speech he gave after he left the Presidency. ]

[There was probably a thousand people in the audience; obviously he was a very good]

[draw in many ways but especially in the West Coast, California, San Francisco. ]

[But I had an opportunity to spend time with the President in the Green Room prior to ]

[introducing him; that was very, very pleasant, because he was very friendly, ]

[especially when he found out that I was working for GE. He just sort of lit up because]

[of his previous experience with GE, and he started in telling stories. ]

[And it was just the two of us in the room. There wasn't anybody else in the room, just]

[the two of us, and we were probably there for a half hour or 45 minutes, and he just]

[loved to tell stories about GE, about various people that he knew there--some of whom]

[he liked a lot and others that he didn't care too much for, but he had very favorable ]

[things to say about GE. He talked about Ralph Cordiner, who was the chairman]

[back when Reagan was working for GE, and how his steely blue eyes--]

[He talked about how every time he looked at him he got a little scared because of]

[these eyes that were looking at him from Cordiner. So he was remembering]

[all the time that he had spent with Cordiner during that time. And he had others that he]

[wasn't quite so favorable about, but he sort of did it with a smile and a bit of a laugh]

[of the good times. The other thing he mentioned--and he mentioned this]

[several times--was the lessons he learned during that time in terms of business lessons]

[and speaking lessons and ability to get along with people.]

[He said he thought that that he really rounded him out in his experience]

[because of the travels and all the different people that he met through GE.]

[So it was a very important part of his life and his training, as far as he said, and]

[he really appreciated how he was treated and the whole experience]

[he had with General Electric. ]