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GE mulled bank charter as credit markets chilled

reuters.com
Oct 11, 2008
        
Story Timeline:  89 days

By Patrick Rucker and Scott Malone WASHINGTON/BOSTON (Reuters) - As General Electric (GE.N: ) faced a recent credit crunch, the U.S. conglomerate considered seeking a bank charter that would give it access to government lending channels, sources familiar with the company's thinking said on Friday. Earlier this month, GE raised roughly $15 billion in a capital boost that the company said was meant to preserve its financial flexibility. As the company contemplated the global credit... [read full story]                    

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Company squeeze on credit

 news.com.au Oct 12, 2008
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GE mulled bank charter as credit markets chilled (at Reuters)

 yahoo.com Oct 10, 2008
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Company squeeze on credit

news.com.au
Oct 12, 2008
        

AUSTRALIANS could find it harder to qualify for department store credit and car finance because of the credit crunch. Global money group GE Capital, which funds Myer Visa card and the new Myer Black card that earn shopping...

GE finance arm tightens lending standards worldwide in crunch

business-standard.com
Oct 11, 2008
        

General Electric Co is tightening lending standards worldwide to help reduce risks amid the global credit crunch, Chief Financial Officer Keith Sherin said. The collection of finance units known as GE Capital contributed more...

GE mulled bank charter as credit markets chilled

eleconomista.es
Oct 11, 2008
        

Signs of limited credit thaw emerge in money markets (10/10) By Patrick Rucker and Scott Malone WASHINGTON/BOSTON (Reuters) - As General Electric faced a recent credit crunch, the U.S. conglomerate considered seeking a bank...

GE mulled bank charter as credit markets chilled (Reuters)

yahoo.com
Oct 11, 2008
        

As General Electric faced a recent credit crunch, the U.S. conglomerate considered seeking a bank charter that would give it access to government lending channels, sources familiar with the company's thinking said on Friday.

washingtonpost.com: Market Index Charts washingtonpost.com

GE mulled bank charter as credit markets chilled

washingtonpost.com
Oct 11, 2008
        

WASHINGTON/BOSTON (Reuters) - As General Electric (GE.N) faced a recent credit crunch, the U.S. conglomerate considered seeking a bank charter that would give it access to government lending channels, sources familiar with the...

yahoo.com: Reuters Deals Today yahoo.com

RPT-UPDATE - GE mulled bank charter as credit markets chilled (at Reuters)

yahoo.com
Oct 10, 2008
        

Adds detail, background) By Patrick Rucker and Scott Malone WASHINGTON/BOSTON, Oct 10 (Reuters) - As General Electric (GE.N: ) faced a recent credit crunch, the U.S. conglomerate considered seeking a bank charter that would...

yahoo.com: Reuters Deals Today yahoo.com

GE mulled bank charter as credit markets chilled (at Reuters)

yahoo.com
Oct 10, 2008
        

WASHINGTON, Oct 10 (Reuters) - As General Electric (GE.N: ) faced a credit crunch this month, the company that is an emblem of U.S. industry considered becoming a bank so that it could access government lending channels,...