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Archive Home > 2008 > September > 22 > GE, a lending giant, is dragged down in the banking turmoil

GE, a lending giant, is dragged down in the banking turmoil

By Steve Lohr / The Bulletin
September 22, 2008

General Electric is best known as an industrial powerhouse, with manufacturing prowess in businesses that range from giant generators to jet engines to alternative energy technologies like windmills and solar panels.

Yet General Electric is as much a bank as a blue-chip industrial company. Half....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.