Hacker News new | comments | show | ask | jobs | submit login

FWIIW, GE Capital was closer to 50% of the revenue before the recession kicked them in the teeth. Hard. Indications and rumors had it that GE Capital nearly took the company down in the 2008/2009 time frame.

Ref:

"Loophole Helps GE Benefit From Bank Rescue Program" (article from 2009) http://www.washingtonpost.com/wp-dyn/content/article/2009/06...

Warren Buffet did a $3 billion "private bailout" in October, 2008 http://www.bloomberg.com/news/2012-09-14/buffett-ge-bet-pays...




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: