Archive for the ‘GE’ Category
A123 Systems (AONE): What Cramer didnt tell you about todays ‘Hot IPO’
Thursday, September 24, 2009 19:14 2 CommentsIt must be nice to be a huge conglomerate like General Electric. After all, you can drum up support for a meaningless war through one subsidiary (NBC/MSNBC) and then reap the financial benefits of that war through another. You can even invest in a company which has yet to turn a profit as your media [...]
More Private Risk Transferred to Public; GE to Issue FDIC Backed Bonds
Monday, March 9, 2009 10:34 1 CommentPrivate gains through public risk.
In the latest of public subsidies handed out to private corporations, GE Capital will sell debt this week under the Federal Deposit Insurance Corp.’s (FDIC) Temporary Liquidity Guarantee Program. GE will enjoy a very low cost of borrowing as it issues bonds backed by the full faith and credit of the [...]





















