General Electric Co.'s (GE) Financial Business: Standing Aloof from Credit Crunch Worries, Article Posted on BeaconEquity.com
Emphasizing on the blue chip stock's financial arm, GE spokesman Russell Wilkerson says, ‘We're not AIG. We're not Lehman. It's not our business model. We're not a bank.’
(EMAILWIRE.COM, September 19, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘General Electric Co.'s (GE) Financial Business: Standing Aloof from Credit Crunch Worries’
Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m - Click on News and Commentary
General Electric Co.'s (GE) Financial Business: Standing Aloof from Credit Crunch Worries
"Emphasizing on the blue chip stock's financial arm, GE spokesman Russell Wilkerson says, ‘We're not AIG. We're not Lehman. It's not our business model. We're not a bank.’…
"With the current economic squeeze, businesses exposed to the credit crisis are trying to escape the fate of falling down. We have seen efforts made to prop up Lehman Brothers, while Bank of America struck a deal to buy Merrill Lynch. Giving us a recent view on the troubled market, global insurer AIG was forced to write down billions in value because of the credit crisis, on top of $500 million to $600 million exposure in preferred shares of Fannie Mae and Freddie Mac - two mortgage financing titans that were recently seized by the federal government…
"Multinational American technology and services conglomerate General Electric Co.'s share prices has recently dropped nearly 20% in the last 10 days as the current troubled financial system takes its course. Through the conglomerate's financial business, GE Capital, it provides consumer finance in car loans, mortgages outside the United States, credit cards and other products. Its commercial side finances real estate, corporate lending and leasing. GE also finances energy projects and airline leasing. The dropping value of the huge conglomerate suggests the overwhelming anxiety over the troubled U.S. financial system…"
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
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BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m - Click on News and Commentary
General Electric Co.'s (GE) Financial Business: Standing Aloof from Credit Crunch Worries
"Emphasizing on the blue chip stock's financial arm, GE spokesman Russell Wilkerson says, ‘We're not AIG. We're not Lehman. It's not our business model. We're not a bank.’…
"With the current economic squeeze, businesses exposed to the credit crisis are trying to escape the fate of falling down. We have seen efforts made to prop up Lehman Brothers, while Bank of America struck a deal to buy Merrill Lynch. Giving us a recent view on the troubled market, global insurer AIG was forced to write down billions in value because of the credit crisis, on top of $500 million to $600 million exposure in preferred shares of Fannie Mae and Freddie Mac - two mortgage financing titans that were recently seized by the federal government…
"Multinational American technology and services conglomerate General Electric Co.'s share prices has recently dropped nearly 20% in the last 10 days as the current troubled financial system takes its course. Through the conglomerate's financial business, GE Capital, it provides consumer finance in car loans, mortgages outside the United States, credit cards and other products. Its commercial side finances real estate, corporate lending and leasing. GE also finances energy projects and airline leasing. The dropping value of the huge conglomerate suggests the overwhelming anxiety over the troubled U.S. financial system…"
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at:
http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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