Commercial Real Estate and NBC Weigh Down G.E.

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6 votes

Posted By: James Ward, about 2 years ago (Report Spam)
Category: Commercial Real Estate / Type: News
Source: dealbook.blogs.nytimes.com

General Electric's decision to shrink its commercial finance arm and eventually divest itself of NBC Universal couldn't have come fast enough, as the conglomerate reported a 19 percent drop in fourth-quarter profits.

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At 05:08AM on January 22, 2010 - James Ward said...

In my opinion, GE is getting rid of NBC due to Cap and Trade not happening. As for its commercial financing arm, most have lost money.

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Commercial Real Estate and NBC Weigh Down G.E.

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