Thursday, July 23, 2009
GE to End Government Loan Backing
General Electric Co., the largest user of a government program to guarantee corporate debt, said it had begun to wean itself from the federal assistance... GE, which tapped the Federal Deposit Insurance Corp. guarantees after credit markets seized up last fall, said it would stop using the guarantee on short-term loans known as commercial paper and would restrict its use of the guarantee for longer-term debt...
WSJ: GE to End Government Loan Backing
WSJ: GE to End Government Loan Backing
Permalink posted by markw @ 4:50 AM 
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