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


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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Comments (5)
  • Ed Rudy, WWW.EdRudy.com
    , contributor
    Comments (738) | Send Message
     
    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
    , contributor
    Comments (4) | Send Message
     
    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
    , contributor
    Comments (13) | Send Message
     
    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
    , contributor
    Comments (617) | Send Message
     
    I stay Long with GE
    11 Jun 2012, 12:15 PM Reply Like
  • minwyhe
    , contributor
    Comments (109) | Send Message
     
    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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