Franklin

General Electric and GE Capital [electronic resource] / Jayanth R. Varma, Joshy Jacob.

Author/Creator:
Varma, J. R. (Jayanth R.) author.
Publication:
London : Indian Institute of Management, Ahmedabad, 2011.
Format/Description:
Book
1 online resource : illustrations.
Series:
SAGE Knowledge. Cases.
SAGE Knowledge. Cases
Status/Location:
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Subjects:
General Electric Company -- Finance.
Electric utilities -- United States -- Finance.
Summary:
The case focuses on General Electric during the financial crash of 2008 and how this caused problems for General Electric as a whole and more specifically General Electric Capital, wholly-owned financial services subsidiary of General Electric.GE and GE Capital faced the following immediate and interrelated challenges with the onset of the uncharacteristic financial crisis: (i) tackling the deep liquidity problems arisen due to its overreliance on short-term funding, (ii) addressing the solvency issues created due to its high leverage and asset quality deterioration, and (iii) maintaining the market expectations about an investment-grade borrower. In the medium-term, it might also have to restructure its combined industrial-financial portfolio to suit the evolving business and financial environment.
Notes:
Originally published in Varma, J. R., & Jacob, J. (2011). General Electric and GE Capital. F&A0491. Indian Institute of Management, Ahmedabad.
Description based on XML content.
Contributor:
Jacob, Joshy, author.
ISBN:
9781526440402 (ebook) :
OCLC:
1023550959
Access Restriction:
Restricted for use by site license.