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GE (GE) is considering selling businesses in GE Capital's consumer-finance portfolio, sources...

Monday, June 11, 2012, 2:59 AM ET
GE (GE) is considering selling businesses in GE Capital's consumer-finance portfolio, sources say, potentially cutting GE Capital's loan portfolio by 16%, in an acknowledgement of investor concerns that GE owns what is essentially one of the country's largest banks.

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This news story has 5 comments:

Ed Rudy, WWW.EdRudy.com Comments (316)

High priced products require GE to have a financing division and they should carefully oversee risk but retain GE Capital!
Ed Rudy
WWW.EdRudy.com

11 Jun 2012, 06:29 AM Reply Like

djbucci Comments (4)

I am not concerned about GE's Finance size, rather how well it manages their risk of the portfolio.

11 Jun 2012, 07:47 AM Reply Like

sinclaid Comments (12)

Investor concerns are well justified as this was the concern in 2008 which took the share price down to approximately $5.00 in early 2009. At that price, Inmmelt disclosed that he bought 500,000 shares so, watch insider trading very carefully, .it is an excellent indicator.

11 Jun 2012, 07:48 AM Reply Like

Goeleven Comments (635)

I stay Long with GE

11 Jun 2012, 12:15 PM Reply Like

minwyhe Comments (47)

GE should divest the entire Capital operation and do their financing thru an independent operation. I have been usurped twice by GE Capital and abhor their operating policies..

11 Jun 2012, 03:47 PM Reply Like

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