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GE capital's will it survive in the sinking boat

Created by : Shishir Mishra, Senior Consultant, Hewitt Associates  | 03 24 2009 21:37:42 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Success Stories(Entrepreneurship)
Keywords : jack welch ge capital
Activity:  180 views;  last activity : 07 06 2010 20:18:09 +0000

GE the company which got its name back after Jack Welch took over it. GE stated its GE capital in his tenure. He had always said that he businesses which are not making profit close them.

Will GE capital survive in the sinking ship?

  
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Any how GE capital will not end because it is the major source of revenue for GE.
By Mukti Barai, Project Lead, HP  | 03 24 2009 21:42:02 +0000
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GE management has taken various steps to safeguard GEcapital they have invested $9.5billion of equity capital in their financial arm.
By Shishir Mishra, Senior Consultant, Hewitt Associates  | 03 24 2009 21:37:42 +0000
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These financial conglomerate are continuing to bite each other and global slowdown have painted all the financial statement red. So, I think this is also affecting GE too.
By Krishnan M R, Team Lead, Infosys  | 03 24 2009 21:40:17 +0000
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