General Electric, according to the Securities and Exchange Commission, qualifies as a financial company worthy of protection from investors betting against its stock. But that’s not the message General Electric spins to shareholders…
GE Capital Services, as the financial arm is called, holds the rest of the group’s top-notch businesses hostage…GE Capital’s financing needs could put the whole company at risk.
Well, I’m sure if GE bore any responsibility for the current financial panic, Saturday Night Live would have run a sketch about it. That’s what the show is all about: pure comedic honesty. The only reason SNL is blaming everything on women, gay men, blacks and Jews is because it’s really their fault.