Collusive as they once may have been, General Electric and Westinghouse have gone their separate ways in treating executives involved in the great electrical price-fixing conspiracy. Westinghouse kept on its indicted executives at their old jobs and salaries, arguing that "no further penalties would serve any useful purpose.'' G.E. forced out all 16 of its indicted executives and demoted some 30 others involved. Last week three cashiered G.E. executives found new bosses.
William S. Ginn, 45. former G.E. vice president and the highest G.E. officer to be indicted (he got 30 days in jail), became assistant to the president of...