Joulie

GE Says Smart Grid Equal to 41GW of Power Plants

Thank you Greentech media.

Question:

What is the unified field theory of carbon credits vs. KwH vs. money vs. global warming? How does this benefit GE?

GE Hits 12-Year Low: Time To Stock Up

I hope you are right, but I need more information. Here's my question:

Do GE capital contracts still have "triple-A puts" ? (These were common in the early '90s).

Does Warren Buffett Think Goldman Is More Creditworthy Than GE?

Not coincidentally, today the Senate approved the Indian nuclear deal (bringing India into the nuclear club, a controversy), making GE one of the major suppliers of the what -- 18? or so nuclear power plants for India. I see that piece of legislation as very relevant to Mr. Buffet's decision.

It looks like BH/Mr. Buffet made GE capital ugliness a non-issue so that GE can move on with rebuilding the infrastructure of most of the world, financed by GS.

(There is an anecdote about Mr. Buffet wanting to "own a bridge" because everyone had to use it - this reminds me of that).(Except times a zillion).

At any rate, this seems to put a floor on GE's stock price at $22.84 at the end of 5 years time, or before (the strike price for the $3B in warrants).