DOCUMENT: Crime

Social Security Check Helps Jack Welch Get By

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Social Security Check Helps Jack Welch Get By

As part of his messy divorce, former General Electric boss Jack Welch just had to file this financial affidavit detailing the businessman's $456 million in assets--half of which Welch has previously pledged to the four children from his previous marriage. The Welch affidavit, filed Wednesday (10/29) in Connecticut's Superior Court, lists a whopping monthly income of $1.4 million (dividends and interest payments both top six figures). And don't forget Jack's monthly Social Security check--every $1500 helps. (8 pages)