Ge Capital

Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life

Jerry Chautin | Posted 04.02.2012

Jerry Chautin

Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.

For a Sane Economy in 2012, How About a Little Shame?

Richard (RJ) Eskow | Posted 03.03.2012

Richard (RJ) Eskow

The other day I was asked what one single thing could do the most to save our economy. What one idea or tool might help us create a more just society? My answer was "shame."

With Metlife Deal, GE Takes On $7.5 Billion In Consumer Banking Deposits

Posted 12.27.2011

(BEN BERKOWITZ and TANYA AGRAWAL, Reuters) - General Electric Co jumped into the retail deposits business on Tuesday, buying the online bank fro...

The "Banker Gangs" Are Still on the Loose, and the Justice Department Still Won't Come Clean

Richard (RJ) Eskow | Posted 02.06.2012

Richard (RJ) Eskow

The country deserves action to stop Wall Street crime. If it takes a new team at the Justice Department to make that happen, then the country deserves that too.

Emanuel Announces 1,000 New Chicago Jobs From GE Capital

Posted 07.23.2011

In a first piece of good economic news for Chicago's new mayor, Rahm Emanuel announced Monday that the financial services arm of General Electric woul...

GE's Profit Smashes Wall Street Expectations

Posted 06.21.2011

BOSTON (Scott Malone) - General Electric Co posted quarterly results that blew past Wall Street expectations, joining a wave of better-than-expected...

Borders Restructuring Plan: Do Publishers Believe It Will Work?

nytimes.com | JULIE BOSMAN | Posted 06.07.2011

Borders presented a restructuring plan to its creditors on Wednesday that promised publishers and landlords a sleeker, more efficient company poised t...

Merchants of Danger

Richard (RJ) Eskow | Posted 05.25.2011

Richard (RJ) Eskow

The ugly truth, here and in Japan, is this: Unless government regains the will and the ability to regulate private industry, more catastrophes are all but inevitable.

In the Dark: Crimes, Capital Crimes, And GE Capital Crimes

Richard (RJ) Eskow | Posted 05.25.2011

Richard (RJ) Eskow

If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.

GE Posts Big Quarter On Equipment Orders

AP | CHRIS KAHN | Posted 05.25.2011

NEW YORK — General Electric Co. said Friday that fourth-quarter net income increased 52 percent as the company made more money in both its lendi...

GE Increasing Its Dividend For Second Time In 6 Months

Bloomberg | Rachel Layne | Posted 05.25.2011

Chief Executive Officer Jeffrey Immelt may show his confidence in General Electric Co.'s growth prospects next week by outlining investment plans incl...

Shadow Banking System Probe: Geithner, Paulson To Testify

AP | MARCY GORDON and DANIEL WAGNER | Posted 05.25.2011

WASHINGTON — The two leading architects of the financial bailout made the case Thursday that Congress must give regulators more power to curb ri...

'Save GE' Amendment: Manufacturers Push For Exemption From Financial Regulation Bill

washingtonpost.com | Jia Lynn Yang | Posted 05.25.2011

The amendment, which the Senate might vote on early this week, could make it difficult for federal regulators to address threats to the global financi...

GE 4Q Profit Falls 19 Percent

AP | STEPHEN MANNING | Posted 05.25.2011

General Electric Co.'s fourth-quarter net income fell 19 percent, but the industrial bellwether is seeing signs of stability as it moves into a key re...

GE To Exit Temporary Liquidity Guarantee Program

AP | STEPHEN MANNING | Posted 05.25.2011

WASHINGTON — General Electric Co. said Wednesday that it has begun to exit a program that allows companies to issue debt backed by the federal g...

GE cuts forecast, citing wounded financing unit

AP | STEPHEN SINGER | Posted 05.25.2011

HARTFORD, Conn. — General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings foreca...