Replies to post #11009 on The Rising Influence of Rising Affluence

[DewDiligence]

GE—The example of the drillship in the WSJ write-up may have been misguided, but the impetus for the story was not, IMO. GE would certainly have been better off if had financed only its own big-ticket industrial items (as the captive subsidiaries of such companies as CAT and DE do) rather than anything and everything, anywhere.