Assoc First Cap Corp (ASFZ)

[Penny Stocks 2.0]

Associates First Capital Corp. is a diversified financial services organization that provides finance, leasing, insurance and related services to individual consumers and businesses in the United States and internationally. At December 31, 1999, managed finance receivables were $84.4 billion and total managed assets were $95.1 billion. The Company is organized into five primary business units: U.S. credit card, U.S. consumer branch, U.S. home equity, commercial and international finance. The Company's corporate activities include, among others, managing the operations of its domestic and foreign subsidiaries, accessing the global debt, securitization and capital markets and managing the mix of businesses in its portfolio.