More smoke and mirrors. If they were solvent, Immelt wouldn’t have gone begging to Obama, who had Congress:
A)Provide Government guarantee of their bonded debt until 2012 to maintain their credit rating.
B)Formulate recent financial reform legislation to “define” a bank as an entity that gets 86% or more of its revenue from finance related activities. GE comes in at 83%, I believe. How totally frickin’ convenient.
So I guess that means you have no source?
If they were solvent, Immelt wouldn’t have gone begging to Obama,
They can't be solvent and still beg for government handouts?