G E Capital - The Anchor of Wall Street

G e famously couldn't secure overnight loans to keep the business afloat. Most investors felt it was far too risky to pour money into general elect. Even with an incredible 139 billion dollars of federal government bail out money, g e was still struggling. In two thousand nine, emmelt decided to cut the dividend from 31 cents a share down to ten cents a share. It would mark only the second time the company had reduced its dividend payout.