Comments on: S&P: GE’s Credit Rating at Risk

By: mknowles

mknowles — Sat, 20 Dec 2008 22:52:37 +0000

Why are people/reporters accepting ratings from S&P?

By: matt

matt — Fri, 19 Dec 2008 12:07:10 +0000

jmborchers Says: “GE is particularly interesting from the gov’t perspective because they make many engines for the military. There’s miltary interest in stabilizing GE.”

What are you talking about? All of the ratings agencies have long term outlooks, short term guidance, and credit ratings. This is not some special announcement for GE.

By: cielosan

cielosan — Fri, 19 Dec 2008 06:59:31 +0000

Clearly GE are a triple AAA rated company. You don’t just become a bad company because you are have a little bit of a soft patch. I rate this stock as a buy.

GE are too big to fail. End of story.

disclosure note: I maybe selling large volumes of the mentioned share.

By: Andy Tabbo

Andy Tabbo — Fri, 19 Dec 2008 03:03:41 +0000

mlomker Says:
December 18th, 2008 at 5:05 pm

“Today was wave 4 (my target of 887 was exceeded but you don’t have to be exactly right to profit) and tomorrow we will continue the wave 5 to the upside that began near the close. I’d be surprised if we didn’t make a run at the 920 level that many pundits are watching.”

Mlonker. Please describe to me the five wave move you’re seeing on the sp500 (intraday). I don’t see any evidence of a five wave move higher of any kind at this point. We may move higher tomorrow with all those juicy put options expiring worthless, but I really don’t see a 5W higher.

- AT

By: harold hecuba

harold hecuba — Fri, 19 Dec 2008 01:11:05 +0000

there is little difference in GE managing and massaging earnings for 20+ years and the ponzi scheme created by madoff.

By: Mark E Hoffer

Mark E Hoffer — Fri, 19 Dec 2008 00:54:13 +0000

MRegan,

the analogy to ‘the Panic of ‘73′, is, to me, indeed, apt. The author, Scott Reynolds Nelson is a professor of history at the College of William and Mary. Among his books is Steel Drivin’ Man: John Henry, the Untold Story of an American legend (Oxford University Press, 2006), is one of the few with enough bone to say so, as well.

the Reason ‘everyone’ is stuck on the ‘29 parallel begins with understanding that the USG’s ‘response’ to this will seem straight from Keynesian playbook, along with the fact that our private CB, the FedRes, wasn’t around in 1873..leads to why the DeLuxe ProleFeed ‘parallel’ of ‘the Panic of ‘07′ is found being regurgitated by the ‘cogniscenti’–reinforces the supposed need for the extra-Constitutional CB, and predictive programming to soften the ground for the planting of a new ‘monetary order’, a la ‘13..

that’s the quick of it..

also, the full site, above, was to underscore that his book on John Henry was quite good..

By: jc

jc — Fri, 19 Dec 2008 00:35:37 +0000

Everything is AAA (and secret to boot!)
http://www.bloomberg.com/apps/news?pid=20601109&sid=ahpPBA8vqN2o&refer=home

By: DP

DP — Fri, 19 Dec 2008 00:09:40 +0000

@MRegan: That was a very interesting read, thanks!

By: jmborchers

jmborchers — Thu, 18 Dec 2008 23:15:56 +0000

Now S&P out saying 2008 is only the beginning. What is wrong with S&P would they not like to be in business anymore? How stupid are they.

By: Pat G.

Pat G. — Thu, 18 Dec 2008 23:05:18 +0000

GE is ofthen referred to as; a barometer of our economy. So this potential down grade was “unexpected”?
It’s probably late as it is coming from the rating agency. The talking heads blamed the DOW’s skid on the GE news. It just coincided with it.