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This was brought to fore when GE Capital imploded; the book on Jeff Immelt's tenure as GE CEO ("Lights Out" I think it was?) has a great rundown on what it mean
by linksnapzz 5y ago
This was brought to fore when GE Capital imploded; the book on Jeff Immelt's tenure as GE CEO ("Lights Out" I think it was?) has a great rundown on what it means for a large company to not be able to borrow w/ commercial paper...