Urbane Gorilla!

GE: Lose AAA Rating or Cut Dividend

mdub..Aside from the excessive use of CAPS, I agree with Diegojames... (Also agree with the leek pie and salmon)... GE has too many divisions that are subject to teh whims of our present economic collapse. And the financial guarantee only really applies to GMAC, just part of GE. What's the near-term upside for GE? The poor quality appliance division? Aerospace? Not the reconstituted finance division! That really only leaves the industrials. And maybe in a year that might start to work if our new President can actually get the infrastructure play moving, or if China gets back in gear.... Remember that these **big** projects have a lot of hurdles, EPA, lawsuits, contracts, engineering etc... and they don;t turn on a dime. Having said that, GE does seem to have activity in China now that might ramp up. The question there is, why buy GE and drag around everything else, when you can buy ABB or SI which are already working well and don't have the rest of the business to drag along.

jegan ;-)