GE: Not-So-Good Things Come to Light [View article]
Based on a few news articles, GE added about $50 Billion in real estate assets to their balance sheet during 2006 and 2007. You can get more specific info from their annual reports, but that is a lot of real estate exposure, all as the market was peaking. I suspect there are a lot of write-downs to come.
View Grouper's Comments on:
GE: Not-So-Good Things Come to Light [View article]