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Bingo, and to this point, GE had to go to a government program despite great credit ratings to fund short-term debt in 2008, because the financial lending marke
by awinder 8y ago
Bingo, and to this point, GE had to go to a government program despite great credit ratings to fund short-term debt in 2008, because the financial lending market had seized up that badly:
https://www.propublica.org/article/general-electric-tapped-fed-to-borrow-16-billion https://www.propublica.org/article/general-electric-tapped-f...