Personnel: Conspiracy's Wake

For General Electric Co.'s executive suite, which bore the brunt of the penalties in the Justice Department's electrical-industry price-fixing victory, there was more unwelcome news last week. G.E. Chairman Ralph J. Cordiner, 60, announced his resignation as chairman of the 60-man Business Advisory Council, the business community's liaison with the U.S. Secretary of Commerce. Cordiner's explanation: he will need to give all his time to G.E., since he is taking over the duties of Robert Paxton, 59, who resigned last week, for reasons of ill health, as G.E. president and No. 2...

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