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View Full Version : Stocks: General Electric to File Bankruptcy Papers?




clb09
03-04-2009, 09:01 AM
http://www.foxbusiness.com/story/markets/industries/industrials/general-electric-credit-downgrade-analyst/


General Electric Co. is still in line for a credit-rating downgrade despite its dividend cut last week, said UBS Investment Research in a Tuesday note. The conglomerate's financial arm, GE Capital, remains undercapitalized with more losses ahead for its real estate assets, the bank said.

also:

From Yahoo! Finance, 3/4/2009:

VALUATION MEASURES

Market Cap (intraday)5: 66.32B

Total Cash (mrq): 48.19B

Total Debt (mrq): 523.76B

Say Goodbye to the last Original Member of the Current Dow Jones Industrial Average!

:D