Word: prenups
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Dates: during 2002-2002
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...decades at GE, JACK WELCH was widely considered one of the country's savviest businessmen. His prenuptial agreement, however, is unlikely to impress even a first-year M.B.A. student. The prenup expired after 10 years; his marriage to wife JANE WELCH lasted 13. Jane, 49, filed for divorce last week after Jack, 66, was caught in a rather public exchange of assets with SUZY WETLAUFER, above, former editor of the Harvard Business Review--an affair that began after Wetlaufer, 42, interviewed Jack for an article. Now Jane is free to pursue half the earnings her husband amassed during their marriage...