General Electric Sells GE Capital s Last Big Business To Wells Fargo #finance #resume


#ge capital finance

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Last big chunk of GE Capital sold to Wells Fargo

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

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2016 Time Inc. All rights reserved.

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2016 Time Inc. All rights reserved.

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Best place to get a big tv via finance online only? #power #finance #corporation


#tv on finance

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Best place to get a big tv via finance online only?

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

You’ll get a nice TV for £2k but this is what you want http://www.techradar.com/reviews/audio-visual/televisions/lg-77eg9900-4k-flexible-oled-tv-1279555/review give it ten years and you’ll probably be picking these up for around £400 🙁

whatever i buy will be old rope in 6 months time! lol

thanks for all you help 🙂

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

You’ll get a nice TV for £2k but this is what you want http://www.techradar.com/reviews/audio-visual/televisions/lg-77eg9900-4k-flexible-oled-tv-1279555/review give it ten years and you’ll probably be picking these up for around £400 🙁

whatever i buy will be old rope in 6 months time! lol
thanks for all you help 🙂

Your welcome.
Part of me loves cutting edge stuff but the retro side misses a good old CRT with scan lines and motion blur for old skool gaming 🙁

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

I bought a TV on a credit card and paid it all when it was due. I wish I had done some research. My next TV, if I am going to buy any that is, will be a smart TV with TV input and output, probably touch screen and LED. I think I will just end up with an Apple biggest screen as I don’t watch live TV. As some people suggest, you could do stoozing ie. transfer to a credit card account which has the longest term and charges least for transfer. I always got those through the post, which I think is the cause of our bust and bloom. Each to his own. D

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

Don’t know if it is 4k though! It has most of your prerequisites, apart from the 4k. Make sure you are not burgled though! Burglars can carry it off very easily, unlike my plasma Panny which is a bit of rubbish!

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

cheers for all your suggestions decided to go for a sony 4k 65 for £2100

How about living within your means?

I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

Finance on a TV. Only in England.

cheers for all your suggestions decided to go for a sony 4k 65 for £2100:)

Don’t tweet when you go to Las Vegas! Or you will be like Ricky Hatton, burgled! Only brag about it when you are home! Can you surf the internet on this TV? I have a 42″ Panny sitting here doing nothing. One good thing is that it is too heavy to be lifted. My next door neighbour but one was burgled. Two houses burgled near me from Christmas to two days ago. Scum around!


The Big Picture – Financial Flows #finance #mba


#picture finance

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The Big Picture – Financial Flows

Influencing financial flows

Capital markets are dominated by banks that are too big to fail .

But smaller values-based banks, which base their decisions on the needs of people and the environment, have proved to outperform traditional mainstream banks on all indicators – including financial. In fact, value based banks have an average Equity/Asset ratio of more than 9% compared to less than 5% at mainstream banks.

Please enable JavaScript to view the comments powered by Disqus.

In the first part of our analysis we showed that the root cause of the constant, and ultimately unsustainable, pressure for economic growth might lie.

Those involved in the debates around Green Economy are probably familiar with the topic of decoupling economic growth and environmental problems. A.

It is the year 2020. We are looking back on a decade of initiatives that transformed our global economy. Efforts, ranging from global to local.

After the first year of the Dodd-Frank reform [PDF] in the USA, the too-big-to-fail financial bubble still looms. The deficit debate revealed.

Achieving a green economy involves tackling a number of different global challenges including climate change, ecosystems, waste, water, equity and.

While price remains important and central, let s also include ecological elements in the price system. Prices continue to be at the.


Today – s Dose of Liberal Heresy: Campaign Finance Reform Isn – t That Big a Deal #car #finance #uk


#campaign finance reform

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Today s Dose of Liberal Heresy: Campaign Finance Reform Isn t That Big a Deal

Kevin Drum May. 28, 2016 3:04 PM

I was musing the other day about something or other, and for some reason it occurred to me that there are several subjects near and dear to progressive hearts that I flatly disagree with. I’m not talking about, say, charter schools, where there’s a robust, ongoing intra-liberal debate and both sides already have plenty of adherents. Nor am I talking about things like Wall Street regulation, where everyone (including me) thinks we need to do more but we disagree on technical issues (Bernie wants to break up big banks, I want to double capital requirements).

I’m thinking instead of things that seem to enjoy something like 90+ percent liberal support and which I think are basically a waste of liberal time and energy. So if I write about them, a whole lot of people are going to be pissed off. Something like 90+ percent of my readership, I’d guess. Who needs the grief? After all, for the most part there’s usually not much harm in spending time and energy on these things (though there are exceptions).

But let’s give it a go anyway. Maybe this will be the first entry in a periodic series. Maybe I’ll discover that I’m not quite as alone on these issues as I think. Here’s my first entry.

Campaign Finance Reform

Liberals love campaign finance reform. Citizens United is our Roe v. Wade. and it’s become an even more central issue since Bernie Sanders began his presidential run last year. As near as I can tell, Bernie along with most liberals thinks it’s the key foundational issue of modern progressivism. Until we seriously reduce the amount of money in political campaigns, no real progressive reform is possible.

I’m pretty sure this is completely wrong. Here are seven reasons that have persuaded me of this over the years, with the most important reason left to the end:

  1. Half a century has produced nothing. Liberal groups have been putting serious effort into campaign finance reform for about 40 years now. The only result has been abject failure. Ban union donations, they create PACs. Ban hard money, you get soft money. Ban soft money, you get Super PACs. Etc. None of the reforms have worked, and even before Citizens United the Supreme Court had steadily made effective reform efforts harder and harder. What’s even worse, the public still isn’t with us. If you ask them vaguely if they think there’s too much money in politics, most will say yes. If you ask them if they really care, they shrug. After nearly half a century, maybe it’s time to ask why.
  2. Other countries spend less. Most other rich countries spend a lot less on political campaigns than we do. Are they less in thrall to moneyed interests because of this? Some are, some aren’t. I’ve never seen any convincing evidence that there’s much of a correlation.
  3. Billionaires are idiots. Seriously. The evidence of the last decade or so suggests that billionaires just aren’t very effective at using their riches to win elections. This is unsurprising: billionaires are egotists who tend to think that because they got rich doing X, they are also geniuses at Y and Z and on beyond zebra. But they aren’t. This stuff is a hobby for them, and mostly they’re just wasting their money.
  4. The small-dollar revolution. Starting with Howard Dean in 2004, the internet has produced an explosion of small-dollar donations, accounting for over a third of presidential fundraising in 2012 and 2016. This year, for example, Hillary Clinton has so far raised $288 million (including money raised by outside groups). Bernie Sanders has raised $208 million, all of it in small-dollar donations averaging $27. Ironically, at the same time that he’s made campaign finance reform a major issue, Bernie has demonstrated that small dollars can power a serious insurgency.
  5. Money really is speech. Obviously this is an opinion, and a really rare one on my side of the political spectrum. But why should political speech be restricted? My read of the First Amendment suggests that if there’s any single kind of speech that should enjoy the highest level of protection, it’s political speech.
  6. We may have maxed out anyway. There’s increasing evidence that in big-time contests (governors + national offices), we’ve basically reached the point of diminishing returns. At this point, if billionaires spend more money it just won’t do much good even if they’re smart about it. There are only so many minutes of TV time available and only so many persuadable voters. More important, voters have only so much bandwidth. Eventually they tune out, and it’s likely that we’ve now reached that point.

In the interests of fairness, I’ll acknowledge that I might be wrong about this. It might turn out that there are clever ways to spend even more; billionaires might get smarter; and Citizens United has only just begun to affect spending. Maybe in a couple of decades I’ll be eating my words about this.

  • Campaign spending hasn’t gone up much anyway. I told you I’d leave the most important reason for the end, and this is it. It’s easy to be shocked when you hear about skyrocketing billions of dollars being spent on political campaigns, but billions of dollars aren’t that much in a country the size of the United States. In 2012, Obama spent $1.1 billion vs. Mitt Romney’s $1.2 billion. That’s about 1 percent of total ad spending in the US. Hell, in the cell phone biz alone, AT T spent $1.3 billion vs. Verizon’s $1.2 billion. If you want to look at campaign spending, you really need to size it to the growth in GDP over the past half century or so.
  • So here it is. These two charts show our skyrocketing spending on presidential campaigns as a percent of GDP. Data for the chart on the left comes from Mother Jones . The chart on the right comes from the Center for Responsive Politics. Total presidential spending is up about 18 percent since 2000. I suppose I’d like to see this reduced as much as the next guy, but it’s hard to see it as the core corrupter of American politics. It’s a symptom, but it’s really not the underlying disease. There really are problems with the influence of the rich on American politics, but campaigns are probably the place where it matters least, not most.


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    Mount Sinai Health System develops Imaging Research Warehouse for studying healthcare data #,technology #management,big #data, #mount #sinai #health #system


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    Mount Sinai Health System develops Imaging Research Warehouse for studying healthcare data

    The Mount Sinai Health System in New York City has developed the Imaging Research Warehouse (IRW), a “massive image database” developed by the Mount Sinai Translational and Molecular Imaging Institute (TMII).

    The IRW integrates clinical imaging results with electronic health records and the goal is to give researchers access to data from more than 1 million patients. All images and records will be completely stripped of patient identification. The IRW is supported with funds from the National Institute of Health’s pilot program.

    Zahi Fayad, PhD, director of the TMII and a professor at Mount Sinai’s Icahn School of Medicine, said in a statement this development will allow researchers to explore patient data like never before.

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    “The Imaging Research Warehouse is a unique resource that will provide large volumes of de-identified images to the research community” David Mendelson, MD, vice chair of radiology for Mount Sinai Health System and a professor at the Icahn School of Medicine, said in the same statement. “This model fills a gap in the new world of healthcare ‘big data.’ The data contained within patients’ radiological images is hard to make use of, and this warehouse is the solution to expose this information for analysis.”

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    Best place to get a big tv via finance online only? #muthoot #finance #ltd


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    Best place to get a big tv via finance online only?

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    You’ll get a nice TV for £2k but this is what you want http://www.techradar.com/reviews/audio-visual/televisions/lg-77eg9900-4k-flexible-oled-tv-1279555/review give it ten years and you’ll probably be picking these up for around £400 🙁

    whatever i buy will be old rope in 6 months time! lol

    thanks for all you help 🙂

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    You’ll get a nice TV for £2k but this is what you want http://www.techradar.com/reviews/audio-visual/televisions/lg-77eg9900-4k-flexible-oled-tv-1279555/review give it ten years and you’ll probably be picking these up for around £400 🙁

    whatever i buy will be old rope in 6 months time! lol
    thanks for all you help 🙂

    Your welcome.
    Part of me loves cutting edge stuff but the retro side misses a good old CRT with scan lines and motion blur for old skool gaming 🙁

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    I bought a TV on a credit card and paid it all when it was due. I wish I had done some research. My next TV, if I am going to buy any that is, will be a smart TV with TV input and output, probably touch screen and LED. I think I will just end up with an Apple biggest screen as I don’t watch live TV. As some people suggest, you could do stoozing ie. transfer to a credit card account which has the longest term and charges least for transfer. I always got those through the post, which I think is the cause of our bust and bloom. Each to his own. D

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    Don’t know if it is 4k though! It has most of your prerequisites, apart from the 4k. Make sure you are not burgled though! Burglars can carry it off very easily, unlike my plasma Panny which is a bit of rubbish!

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    cheers for all your suggestions decided to go for a sony 4k 65 for £2100

    How about living within your means?

    I am actually 🙂 decided not to go to vegas this year for the first time in 8 year, fancy treating myself to a new tv (it has been 2 years since my last one!) 🙂 just had a pay rise and dont need a loan as ill borrow more than what i need – is this ok with you??

    Buy it and transfer it to a credit card with 0% interest free credit for 15 months or so.

    Finance on a TV. Only in England.

    cheers for all your suggestions decided to go for a sony 4k 65 for £2100:)

    Don’t tweet when you go to Las Vegas! Or you will be like Ricky Hatton, burgled! Only brag about it when you are home! Can you surf the internet on this TV? I have a 42″ Panny sitting here doing nothing. One good thing is that it is too heavy to be lifted. My next door neighbour but one was burgled. Two houses burgled near me from Christmas to two days ago. Scum around!