Know who never gives up?
Our Russian allies.
GE nearly went down in 2007 Buffet saved them with a very expensive well secured loan.
https://en.wikipedia.org/wiki/GE_Capital
GE Capital
GE Capital.svg
Type
Subsidiary
Industry Financial services
Founded 1932; 86 years ago
Headquarters Norwalk, Connecticut, United States
Area served
Worldwide
Key people
Richard Laxer
(Chairman and CEO)
Parent General Electric
Divisions GE Capital Aviation Services
GE Energy Financial Services
GE Industrial Finance
GE Commercial Finance
Website www.gecapital.com
Once commonly seen leased rolling stock General Electric Rail Services Corp. covered hopper car 'NAHX 44703' and GE Capital Rail Services car 'NCHX 38781' in the Duryea yard, Duryea/West Pittston, Pennsylvania in July 2013. GE Transportation has consolidated or sold off both subsidiary functions. (View looking toward Sayre and Waverly, NY.)
GE Capital is the financial services unit of the American multinational conglomerate General Electric.[1] It provides commercial lending and leasing, as well as a range of financial services for commercial aviation, energy, and support for GE's industrial business units.
In April 2015, GE announced its plan to create a simpler, more valuable company by reducing the size of its financial businesses through the sale of most GE Capital assets.
GE Capital’s verticals are now aligned to drive growth in GE’s core industrial businesses – GE Capital Aviation Services (GECAS), Energy Financial Services (EFS) and GE Industrial Finance, which will include the Healthcare Equipment Finance business, Working Capital Solutions (WCS), and other financing activities to develop lending and leasing products for the GE Store. One financing center that serves the entire GE system, GE Treasury, and several specialty insurance platforms, are also a part of the "new" GE Capital.