GE announced it's Fleet Services was for sale in back in April. (In the US, they are the largest fleet financer for Rental Car Companies. For Mitsu, the possibilities of controlling US Fleet Financing are pretty obvious.)
Interestingly, GE has been lobbying to have its GE Capital operations named as a "Systemically Important Financial Institution", meaning "Too Big To Fail".
GE Cap might be in a lot more trouble than we realize....
1 posted on
05/26/2015 12:21:38 PM PDT by
tcrlaf
To: tcrlaf
"I spoke with Val, and she thinks an Obama Foundation donation, 7 figures, might help negotiate a G.E. bailout."
To: tcrlaf
GE Capital is the only company to have ever earned a corporate wide prohibition on doing business with the Fortune 500 company for which I work.
3 posted on
05/26/2015 12:44:27 PM PDT by
Vigilanteman
(Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
To: tcrlaf
Though not well-known in the USA, Mitsubishi UFJ is a HUGE financial services firm in eastern Asia--in fact, between them and Mizuho Bank, they have much of the retail bank business in Japan.
4 posted on
05/26/2015 12:55:15 PM PDT by
RayChuang88
(FairTax: America's economic cure)
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