GE - Too much leverage (GE, rated SELL)
Posted on October 20, 2008 at 08:45 AM EDT
I don't know what I was thinking when I turned and decided it was time to buy GE.  I just figured that with so much money coming into support financials that GE would find the liquidity they need to keep GECC afloat.  So far that just hasn't happened.  Indeed the credit markets are still frozen and even the best companies out there cannot get short term credit.  GE will probably survive ( a month ago I didn't think it would) but it will be a smaller and less profitable GE. 
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