GE stock

So if you bought this puppy in 98, you basically made nada if you held since then except for dividends.

they'll have to come clean pretty soon about earnings outlook and credit exposures, being 40% financing firm and much of the rest econ sensitive old business. when they do, it will be as big of a shock as bear stearns.

they'll have to come clean pretty soon about earnings outlook and credit exposures, being 40% financing firm and much of the rest econ sensitive old business. when they do, it will be as big of a shock as bear stearns.

My guess is that they are not nearly as exposed as you think. GE is pretty diversified, and the finance folks are pretty darn sharp. A bit predatory, but sharp.

We shall see.

are you aware GE has been paying up to 150 bps above LIBOR to roll their paper ? all you hear on CNBC is their huge stock buyback program and that immelt is buying stock and vince farrel saying (last week, he said it again !) that GE paper is "as good as treasuries?" NOT ONCE have i heard about their HUGE borrowing ! as to predatory, lol. how are the predatory folks doing in this environment ? past of that rep is because they charge high interest rates. guess why they do: because the borrowers were not able to get lower rates and terms elsewhere. and that was back during easy money ! i certainly understand how and why you believe what you said. GE owns NBC and CNBC. the other two networks are owned by corporations who don't really care for folks to think much about their paper either. remember that when Humpty-Dumpty falls off the wall.