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GE Capital is really big in the finance world. GE Capital is down because the financial markets are down. GE is down because GE Capital is dragging them down. I
by Tangurena 18y ago
GE Capital is really big in the finance world. GE Capital is down because the financial markets are down. GE is down because GE Capital is dragging them down. I think they're undervalued. No I don't own any shares in them.
A lot of store credit (not the cards, but installment payments for more expensive things) are the consumer part of GE Capital. A lot of companies borrow operating capital from the commercial part of GE Capital.
- jwilliams 18y agoGE Capital is also the engine behind a lot of other GE revenue (e.g. they bankroll large projects / infrastructure / plant equipment).