https://www.cnbc.com/2018/04/12/bank-of-america-merrill-lynch-ge-capital-has-zero-equity-value.html
"General Electric's finance business has "zero equity value," Bank of America Merrill Lynch analysts wrote in a note Thursday.
The GE Capital portfolio is under scrutiny after ending last year with $95 billion in debt outstanding, combined with two investigations into the business. The firm's analysis comes as The Wall Street Journal reported the embattled industrial conglomerate may sell the full GE Capital portfolio, potentially at a loss, citing sources familiar with the situation."
Submitted April 13, 2018 at 06:40AM by dvdmovie1 https://ift.tt/2JIPx8i
