The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (123389)	5/16/2008 12:57:18 AM
From: Jim McMannis	of 306849

General Electric (GE): Bellwether for a Global Bear Market elliottwave.com Worldwide infrastructure appears to be the next big investment magnet, and General Electric Co. is in the news today for having raised $5.64 billion with its partner, Credit Suisse Group, in a large private-equity venture called Global Infrastructure Partners. According to a report in Bloomberg, GE and its partner will "invest in airports, waste-management companies and energy facilities." Global Infrastructure Partners has already used some of that $5.64 billion to purchase a U.K. landfill operator and trash collector, Biffa Plc. This announcement of its successful global infrastructure deal is far happier than GE's announcement in mid-April that it had badly missed its expected earnings, resulting in the stock losing $47 billion in one day on April 11, 2008. As an article in The Economist (April 17, 2008) put it, "This is not what investors expect from one of the few remaining triple-A-rated companies, famed for hitting its targets."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next