Search results
28 kwi 2024 · Losses by the GE Capital financial segment nearly sank the company during the Great Recession. Warren Buffett stepped in with a preferred investment, lending his reputation to GE’s operations...
2 kwi 2024 · GE Capital had played a large role in the company’s broader decline with lending to a variety of customers and segments including subprime mortgages, and causing the company’s to lose its AAA...
20 lis 2017 · GE (GE) has been left in turmoil by years of questionable deal-making, needless complexity and murky accounting. These problems were self-inflicted. And they are startling because they happened...
30 sty 2019 · Amid the worst recession since the Great Depression, GE receives $139 billion in government loan guarantees to shore up its capital arm and raises $15 billion through an emergency stock sale, a...
12 lut 2013 · Welch and Immelt built GE Capital into one of America's biggest banks. That strategy worked very well — until the worst financial crisis since the Great Depression.
26 lis 2018 · Once GE Capital, which could be used to hide myriad accounting high jinks, was spun off, the depth of trouble at the company became clearer.
19 mar 2018 · Ultimately, GE Capital got a whopping $139 billion bailout from the federal government. And still, from 2008 to 2014, the financial arm's revenue shrank from $68.5 billion to $42.7 billion.
