Determined to Keep It GE Tames GE Capital

摘要

For years, General Electric could count on its finance unit, GE Capital, to provide some earnings muscle when other divisions at the industrial giant wavered. But when the financial crisis hit in 2008, rightly or wrongly, GE Capital-by then with assets equaling those of the sixth-largest U.S. bank-found itself lumped in with Wall Street banks and other complex financial companies.Ever since, GE Capital's heavy exposure to finance has weighed on the parent's share price, still down almost two-thirds from its 2007 high.