Comments on: Recapping GE Capital’s business update

By: Gary O. Tapert

Gary O. Tapert — Sat, 10 Oct 2009 02:15:33 +0000

I live in Everett,WA. This is the home of BOEING with GE, where many famous planes have been made. I hope the
new 787 and other planes, because GE will be very active. Also, my community has COMCAST located here, who do very good work. Lastly, I have GE Common Srock,
since I started my retirement in local Bank Trust near
1980. Is that imagination with eco ?

By: Well Wisher

Well Wisher — Thu, 06 Aug 2009 11:42:42 +0000

This sounds increasingly like "the fundamentals of our economy is strong"

By: Investor

Investor — Thu, 30 Jul 2009 16:30:34 +0000

To: Green Shooter -

This is the reason I/we said that something is cooking in that GE oven at GE Capital. Something about Mike Neal’s speech did not add up correct!

To: Worldwide Audience -

Jeff Immelt stated in March 2008 to the entire world and employees that GE Capital was in good hands and GE Capital will weather this storm. We do not need to worry. In June 2008 lay offs started and until today…GE Capital is not finished.

At the end of the day…

How does GE and GE Capital expects "US" to trust anything they say about the Company!

I STRONGLY BELIEVE WE NEED A COMPLETE NEW MANAGEMENT TEAM AT GE CAPITAL FROM TOP TO BOTTOM! MEANING A NEW 901 EXECUTIVE FLOOR(S). REAL PEOPLE THAT HAVE A FLAIR OF INTEGRITY AND ARE TRUSTWORTHY.

LET’S ALL PRAY FOR THE BEST OUTCOME OF GE

By: Bill James

Bill James — Wed, 29 Jul 2009 22:34:14 +0000

Smmes to me that the last 8 years should be enough of a sign of things to come – The whole-lot of the management team need to go now.

By: Gary B

Gary B — Wed, 29 Jul 2009 20:50:58 +0000

Investors and Analysts do not seem to have been impressed by Mike Neal’s presentation as evidenced by almost 2% drop in GE’s share price today. I wonder whether it’s time for a new leader at GE Capital who can regain the confidence of Investors and Analysts.

By: Green Shooter

Green Shooter — Wed, 29 Jul 2009 20:48:44 +0000

When you don’t have to write down the value of the loans on your book like banks have to, you obviously have better "earnings" relative to other financial companies. That is why GE Capital is reluctant to get spin off and regulated – GE knows GE Capital won’t meet regulatory requirements and will be foreced to raise capital as a standalone entities.

By: Investor

Investor — Wed, 29 Jul 2009 13:09:36 +0000

To: Bill James

Yes, I and the entire world heard that. It was nice and clear!

Something is cooking in the oven at GE Cap since Jeff I do NOT want to spin off GE Cap. The World does NOT have all true facts with Mike Neal’s…the MAN detail meeting.

We can tell something is NOT adding up correct!

Please NO MORE BS and state the true…and watch GE Stock hit up to $40 per share!

The Entire World does NOT believe Jeff I and it’s Executives Officers.

By: Bill James

Bill James — Wed, 29 Jul 2009 10:04:20 +0000

Did anyone else hear Mike Neal say GE Capital has earned $1.7 billion so far this year. Talk about putting a spin on numbers. Close to $1.5 billion of those so called "earnings" were tax credits so pardon me if I find his remarks pure BS. And of course, no one in the business media challenged him on that remark.
That’s how you can run a business into the ground and still keep your job. Wonder how long that clown would have lasted if Jack was at the helm?
Cheers

By: Invester

Invester — Tue, 28 Jul 2009 19:29:39 +0000

Why wouldn’t GE Cap make the numbers by 2010?

Some of the reasons are below:

1. No Bonus for 2009.
2. No raises for 2009.
3. Laid off 11,000 employees 2008-09 and still not finished with lay offs.
4. Saved $85M in tax credits.
5. Eliminating business at GE Cap that don’t produce $.

Did I forget something else?