Thursday, September 25, 2008

another one bites the dust

GE’s leverage problem

General Electric (GE) is the latest levered-up financial company to hit the wall.

Posted by mark @ 01:52 PM (652 views)
Please complete the required fields.

One thought on “another one bites the dust

  • The Financial Services Authority has fined GE Money Home Lending £1.12m after 684 borrowers suffered financial loss in excess of £2.3m before redress was paid. This is the first time the FSA has fined a mortgage lender in relation to its lending processes. Full details

    Might pay the FSA to claim their fine ASAP before GE potentially go the way of Lehmans etc…..

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>