Thursday, February 5, 2009

Is this a Dead Man Walking?

GE has continued to muddle through its various challenges. Agency rating. Enormous Debt. Toxic Assets. FDIC support. Immelt says no problem with a credit downgrade. Is this as simple as too much ugly debt, and a flagging economic forecast? GE’s Immelt Prepared to Run Company With AA Rating (Update1)

UPDATE1: Extensive Interview with GE’s Immelt

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