To: padre35
Actually their parent or partial parent company, GE, is technically broke. They are rolling over short term debt but if rates tick up they will need to go chapter 11.
11 posted on
12/09/2009 7:44:18 AM PST by
Frantzie
(Judge David Carter - democrat & dishonorable Marine like John Murtha.)
To: Frantzie
GE, is technically broke.
Then why is their corporate debt ( bonds ) still rated close to AAA ?
To: Frantzie
GE has recently sold control of NBC Universal to Comcast.
22 posted on
12/09/2009 7:56:46 AM PST by
Borges
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