Consumer Finance Center

How can you tell people you know what the formula is for Fico…?

Posted on January 26, 2012 by admin

Question by nebula7693: How can you tell people you know what the formula is for Fico…?
when that information is proprietary and a very tightly guarded secret. I have seen many people say things like this:* 35%, punctuality of payment in the past* 30%, the amount of debt, expressed as the ratio of current revolving debt (credit card balances, etc.) to numbing available revolving credit (credit limits)* 15%, length of credit history* 10%, types of credit used (installment, revolve, consumer finance)* 10%, recent search for credit and/or amount of credit obtained recently but I want proof that you know what you are talking about. Where tin I go to find the formula that you are reporting to populate? I know that Fair Isaac didn’t give it to you, because they wear’t tell anybody. So where did you get it from?

Best answer:

Answer by dragonfire
it’s because it’s based on studies of thousand of credit profiles, sooner or later you’ld see the pattern emerge and can pretty much sucessfully extrapolates what affect you FICO score, that rule of thumb stated is pretty accurate

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Financial Resolution Center Reports 2012 New Year Resolutions Target Financial Success – Seven Ways to Improve Financial Awareness

Posted on January 25, 2012 by admin

Financial Resolution Center Reports 2012 New Year Resolutions Target Financial Success – Seven Ways to Improve Financial Awareness

Sacramento, CA (PRWEB) January 16, 2012

Consumers should question their confidence in their financial future. There is a fine line between financial distress and a future that is financially stable. Unfortunately, some people are unaware that they are on the verge of financial ruin until it is too late. Becoming financially secure can only be accomplished by consciously recognizing that there is a financial issue. According to the Chief Adviser for Financial Resolution Center,” The sooner people realize they’re having issues with debt, the better the chance they have at resolving it and becoming financially secure for the future.”

Financial Resolution Center suggests that individuals make a honest assessment of the state of their financial affairs. Below is a list of warning signs. If at least three of these signs are true, individuals may be moving toward financial ruin.

Balancing Bills and Paying Late Fees

The inability to pay bills on time and constant occurrence of late fees are signs of financial disturbing. Incurring late fees as a result of a deficiency of money and live pay check to subsidize check can cause people to go further into debt. Also, only making minimum payments to keep accounts open will never pay off a balance on time or in fully. Barely managing revolving debt will only lead to an increase in the balances.

Relying on Future Income

Relying on a future source of income, like a tax refund, is a quick way to create a negative financial situation. Hoping to run into money is an unrealistic way to handle personal finances. This approach will cause future financial problems.

Dependent on Credit

A consistent dependency on credit cards as a means of extra income is a financial mistake. Credit cards should be relied upon for vauntingly purchases and paid off monthly. Using credit cards to pay for everyday purchases or shifting balances to unexampled cards is a bad financial decision. Should there be any unexpected changes in pricing or occupy rates, people who am on credit will find themselves in financial turmoil.

Arguments Over Finances

Regular arguments with a spouse or partner over money are also indications of a poor financial condition. Fights amongst couples over finances are not unusual. However, fighting over finances means that unnecessary spending is being made with money needed to maintain the household.

A Lack of Personal Savings

Budgets should let small amounts of money to be set aside for savings. If there is no room in the budget for salvaging, the financial situation is not viable. Setting aside money for savings may be tough, but not saving can be detrimental to whatever financial situation. The Chief Adviser for Financial Resolution Center informs that to be in good financial shape, there should be some form of savings for emergencies. A dependency on credit cards is not a look financial decision.

Spending Money to Pay Overdraft Fees

There are several reasons why a person pays overdraft fees. If these fees are a result of frequently overdrawing an account, then the financial health may be poor. Having these fees occur often will only exacerbate a bad situation because it limits the amount of income available to cover debts.

Depleting Retirement Savings

Using retirement savings to pay for expenses is something frequently done by people in a bad financial position. Financial Resolution Center cautions against taking out more than one 401K loan. Borrowing more than once against a 401k loan can be detrimental to a sustainable financial future. It also threatens any growth potential of a retirement account.

Let 2012 be the year to regain financial control. Use Financial Awareness Month as a motivator factor to take the righting steps to a good financial outlook. For more information on eliminating debt issues, Contact Financial Resolution Center at toll free (888) 272-0227 or online at http://www.financialresolutioncenter.com.

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Posted in Consumer Financing | Tagged 2012, Awareness, Center, Financial, Improve, reports, Resolution, Resolutions, Seven, Success, Target, Ways, Year | Leave a comment

Please help: Automotive Questions about car financing?? ?

Posted on January 23, 2012 by admin

Question by Serena: Please help: Automotive Questions about car financing?? ?
1. Why is it important to maintain a good credit history?a. Because your family will inherit it, and it’s important to plan for their futureb. Because anyone can access your credit history at any time to learn about youc. Because a good credit history can generally help you negotiate for a reef finance rated. Consumer protection laws state it is your responsibility to maintain good credit2. What might happen if you fail to make several payments on purchases that you made a year ago?a. The item(s) can be taken away from you, if the item(s) secured the credit obligation you took on when you bought the itemsb. Negative information may be added to your credit reportc. You could be denied credit in the futured. All of the above3. How can you find what your credit history looks like?a. Contact an imputing-reporting agencyb. Ask a private investigator to find out all they can about youc. Look yourself up on the Internetd. Check your family’s credit history4. Which of the following is not something a creditor will look at before granting you credit?a. If you pay your bills on timeb. Where you live and your living arrangementsc. How many credit obligations you haved. How much you owe on all your accounts5. Net income is also known as:a. Taxable incomeb. Alimonyc. What’s left after you pay your billsd. Take-home pay6. About how much of your monthly take-house pay should your car payment not exceed, after subtracting sure monthly expenses, like credit cards?a. 5% to 10%b. 10% to 15%c. 15% to 20%d. 20% to 25%7. In addition to vehicle payment, what other vehicle expenses should be considered in your monthly budget?a. Insuranceb. Maintenancec. Gasolined. All of the above8. Which of the following is a contract with a dealership to buy a vehicle on time by paying the purchase price plus an agreed upon finance charge over a certain period of time?a. Gap protectionb. Aquisition feec. Installment saled. Residual price9. What is one of the major differences between buying and leasing a vehicle if you choose to buy?a. The dealership is listed on the title as the vehicle ownerb. You need to turn in your vehicle to the dealership after a certain length of timec. You will need to pay a security deposit, acquisition fee and other chargesd. You are the owner of the vehicle and your name is listed on the title10. Monthly lease payments are usually lower than monthly finance payments when comparing leasing and financing for the same term because you are only paying for the vehicle’s expected depreciation during the lease term, plus a rent charge, taxes and fees.a. Trueb. False11. When you finance at the dealership, you are entering into an installment sales contract between you and the dealership.a. Trueb. False12. When you lease a vehicle, you are responsible for excess wear and tear, damage and missing equipment.a. Trueb. False13. Which of the following items can you negotiate with your dealership?a. Annual Percentage Rateb. Length of contractc. Price of the vehicled. All of the above14. Which of the following can be used to lower your monthly payment?a. Getting a higher APRb. Choosing the shortest term availablec. Making a larger down paymentd. None of the above15. Which of the following are additional items that can usually be added to the finance contract?a. Optional Credit Life Insuranceb. Option Gap Protectionc. Optional Service Contractd. All of the above16. What is the purpose of purchasing optional disability insurance?a. Covers the gap between the vehicle’s value and what your insurance company provides in the event of total vehicle lossb. Pays the balance of your contract in the event of your deathc. Makes your scheduled car payment in the event of sickness or disabilityd. Protects owners against forced major auto repair expenses17. What is the purpose of a service contract?a. Adds additional time to the vehicle warrantyb. Protects owners against forced studied covered auto repair expensesc. Pays all of the vehicle repairs regardless of the circumstancesd. all of the above18. It is a normal business practice for the dealer to retain some portion of the finance charge as income for the dealership.a. true b. false19.) A rebate is always better than a special finance rate.a. true b. false

Best answer:

Answer by Eric Y
1. c but it shows ur ablility to make payments and not default,,, it do the banks experiencing safer about loaning u money… 2.d3.a there are three major credit companies experian, trans union and one other4. theyll look at all of them 5.a6 depends on what ur comfortable with 7.d8.c9.b10.a11.b you and the financior 12.a13.b and c cant negotiate apr its based on ur credit14.c.15.d16.c17.d but there are certain restrictions 18.a19.b. % apr

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Posted in Consumer Financing | Tagged about, Automotive, financing, help, Please, questions | Leave a comment

Restaurant Owners Resort to Alternative Financing Firms as Economy Picks Up

Posted on January 21, 2012 by admin

Restaurant Owners Resort to Alternative Financing Firms as Economy Picks Up

Paramount Merchant Funding, LLC

(PRWEB) January 12, 2012

It has been a difficult few years for many business owners. Between economic recession and fastening banking underwriting processes, America’s restaurants have had trouble over the past few years expanding or levelling staying afloat as consumers were dining out less and eating in more. Many restaurant owners unable to pay suppliers have had to shut their doors.

However, in 2011 The National Restaurant Association has reported a change in the industry which perhaps suggests that the American economy is reverting to normal functioning capacity. In 2011 the American restaurant industry reached a record high of $ 604 billion in sales, a 3.5% increase since 2009. Even on holidays such as Thanksgiving that tinned be described traditionally as “stay home get-togethers,” over 14 million Americans dinned away.

“We have definitely seen an increase in success stories for Restaurants,” says Jared Feldman, CEO of Paramount Merchant Funding which specializes in restaurant finance. “More restaurants are seeking business funding for expansion, hiring employees, and purchasing new equipment. In 2009 the picture was very different as many business owners who were seeking restaurant funding were looking for a miracle to get them through their slow months.”

The restaurant industry is the second largest private sector employer with over 13 million employees, which adds up to about 1 out of every 10 working Americans. When taking into account the full breadth of the impact of the restaurant industry, the number of employees jumps to 20 million.

Out of every five Americans in 2011, two wished that they were able to eat out at restaurants more. Restaurants seeking to expand their businesses have been taking more advantage of advertising campaigns especially over social media outlets such as Facebook and Twitter. “We have seen some very creative companies out there which is very promising,” Mr. Feldman continued. “One of the more interesting concepts we have seen are high end mobile food trucks. As providers of business funding, we like to see owners with vision and initiative who come up with new concepts and new marketing techniques to further expand their business.”

Paramount Merchant funding specializes in restaurant financing and has provided thousands of restaurant owners across America with business funding through their merchant cash advance program. This form of restaurant finance allows for restaurant owners to obtain working capital despite poor credit, and a business model that has typically high failure rates. The business funding is typically more expensive than traditional bank loans simply because of the risk involved when advancing unsecured money.

Despite the fact that banks are no less lenient in their underwriting standards, restaurants are still able to expand and improve their businesses through alternative restaurant finance with private funding firms like Paramount Merchant Funding.

Contact Information
242 W. 36th Street, 14th Floor
New York, NY – 10018
Toll Free: 877-885-1505
Fax: 888-722-3313

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CounterPoint Capital Partners is Named Finalist for M&A Advisor’s 6th Annual Turnaround Awards

Posted on January 19, 2012 by admin

CounterPoint Capital Partners is Named Finalist for M&An Advisor’s 6th Annual Turnaround Awards

Tomich Brother’s San Pedro’s Pride Brand Logo

Los Angeles, CA (PRWEB) January 11, 2012

CounterPoint Capital Partners is pleased to announce that the firm has been named a finalist for M&An Advisor’s 6th Annual Turnaround Awards, being held January 31 at the Colony Hotel in Palm Beach, Florida.

The firm’s acquisition and restructuring of Tomich Brothers Fish Company and Standard Seafood was nominated for Turnaround Deal of the Year in two lower middle market sector categories: Retail Manufacturing/ Distribution and Consumer and Retail Products. CounterPoint acquired Tomich Brothers and Standard Seafood in simultaneous transactions on August 15, 2011.

“We are thrilled at this nomination – it represents a validation of CounterPoint’s hands-on, front-line approach to turnaround investing,” said Chris Iorillo, Managing Partner, CounterPoint. “Our operating expertise and financial management, coupled with the hard work and dedication of the Tomich Brothers’ employees and management team, unsecured the true value of this 75-year old company in a very short time. With this portfolio company on an excellent trajectory, we are looking forward to the next opportunity.”

“Although the bankruptcies of MF Global, American Airlines and Borders highlight today’s difficult environment, there were thousands of successful turnarounds in 2011 thanks to the energy and ingenuity of the world’s leading restructuring and distressed investing professionals,” says Roger Aguinaldo, CEO and Founder of The M&An Advisor. “The deal teams represented in our Award Finalists have demonstrated creativity and perseverance in today’s challenging climate.”

Since 1998, The M&An Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services.

CounterPoint was represented by Rob Carlson of Paul Hastings LLP (corporate, M&A, and tax) and Matthew Wrysinski of McGuireWoods (banking). Acquisition and working capital financing was provided by PNC Business Credit.

About CounterPoint Capital Partners
CounterPoint Capital Partners (http://www.counterpointcp.com) is a Los Angeles-established investment tautening focused on acquiring lower-set market companies headquartered throughout the United States and Canada with $ 10 million to $ cc million in annual revenues. CounterPoint looks for complex situations caused by operable, succession, or financial challenges within a company or industry and, by developing a close partnership with management teams and former stakeholders, implements structural and operational improvements to put portfolio companies on a successful trajectory.

About Tomich Brothers
Tomich Brothers is a third generation family owned seafood company located in the Port of Los Angeles. For over 75 years they have been supplying the world with seafood indigenous to California waters. With offloading and processing facilities in Los Angeles and the Monterey Peninsula, Tomich has the capability and the experience to handle perishable fishery products to the highest standards.

About Standard Seafood
Established in 1967, Standard Seafood has been a privately owned seafood wholesaler for over 40 years. Based in San Pedro, CA, Standard purchases new and frozen seafood domestically and abroad for processing and distribution to a broad base of restaurants, fish markets, and stores located regionally throughout Southern California.

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©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Posted in Consumer Financing | Tagged Advisors, annual, Awards, Capital, CounterPoint, Finalist, named, Partners, Turnaround | Leave a comment

Q&A: Short Automotive Questions about car financing? Pleasseee help me?

Posted on January 17, 2012 by admin

Question by Serena: Short Automotive Questions about car financing? Pleasseee help me?
Automotive Questions. Please help me? id really apprecaite it. thanks in advance and have a great day. =)1. Why is it important to maintain a good credit history? a. Because your family will inherit it, and it’s important to plan for their future b. Because anyone can access your credit history at any time to learn about you c. Because a good credit history can generally help you negotiate for a reef finance rate d. Consumer protection laws state it is your responsibility to maintain good credit2. What might happen if you fail to make several payments on purchases that you made a year ago? a. The item(s) can be taken away from you, if the item(s) secured the credit obligation you took on when you bought the items b. Negative information may be added to your credit report c. You could be denied credit in the future d. All of the above3. How can you find what your credit history looks like? a. Contact an assigning-reporting agency b. Ask a private investigator to find out all they can about you c. Look yourself up on the Internet d. Check your family’s credit history4. Which of the following is not something a creditor will look at before granting you credit? a. If you pay your bills on time b. Where you live and your living arrangements c. How many credit obligations you have d. How much you owe on all your accounts5. Net income is also known as: a. Taxable income b. Alimony c. What’s left after you pay your bills d. Take-house pay6. About how much of your monthly take-house pay should your car payment not exceed, after subtracting sure monthly expenses, like credit cards? a. 5% to 10% b. 10% to 15% c. 15% to 20% d. 20% to 25%7. In addition to vehicle payment, what other vehicle expenses should be considered in your monthly budget? a. Insurance b. Maintenance c. Gasoline d. All of the above8. Which of the following is a contract with a dealership to buy a vehicle on time by paying the purchase price plus an agreed upon finance charge over a certain period of time? a. Gap protection b. Aquisition fee c. Installment sale d. Residual price9. What is one of the major differences between buying and leasing a vehicle if you choose to buy? a. The dealership is listed on the title as the vehicle owner b. You need to turn in your vehicle to the dealership after a certain length of time c. You will need to pay a security deposit, acquisition fee and other charges d. You are the owner of the vehicle and your name is listed on the title10. Monthly lease payments are usually lower than monthly finance payments when comparing leasing and financing for the same term because you are only paying for the vehicle’s expected depreciation during the lease term, plus a rent charge, taxes and fees. a. True b. False11. When you finance at the dealership, you are entering into an installment sales contract between you and the dealership. a. True b. False12. When you lease a vehicle, you are responsible for excess wear and tear, damage and missing equipment. a. True b. False13. Which of the following items can you negotiate with your dealership? a. Annual Percentage Rate b. Length of contract c. Price of the vehicle d. All of the above14. Which of the following can be used to lower your monthly payment? a. Getting a higher APR b. Choosing the shortest term available c. Making a larger down payment d. None of the above15. Which of the following are additional items that can usually be added to the finance contract? a. Optional Credit Life Insurance b. Option Gap Protection c. Optional Service Contract d. All of the above16. What is the purpose of purchasing optional disability insurance? a. Covers the gap between the vehicle’s value and what your insurance company provides in the event of total vehicle loss b. Pays the balance of your contract in the event of your death c. Makes your scheduled car payment in the event of sickness or disability d. Protects owners against forced major auto repair expenses17. What is the purpose of a service contract? a. Adds additional time to the vehicle warranty b. Protects owners against forced studied covered auto repair expenses c. Pays all of the vehicle repairs regardless of the circumstances

Best answer:

Answer by CIvvy Civ ツ
1. c. Because a good credit history can generally help you negotiate for a lower finance rate2. d. All of the above3. a. Contact a credit-reporting agency4. b. Where you live and your living arrangements5. a. Taxable income6. c. 15% to 20%7. D.. ALL of the above8. I have NO idea9. b. You need to turn in your vehicle to the dealership after a certain length of time10. a. True11. true12. True13. d. All of the above14. c. Making a larger down payment15. d. All of the above16. c. Makes your scheduled car payment in the event of sickness or disability17. unsure, but I think its b. Protects owners against unexpected major covered auto repair expenses

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Posted in Consumer Financing | Tagged about, Automotive, financing, help, Pleasseee, questions, Short | Leave a comment

How To Buy A Car in 8 Steps #2

Posted on January 15, 2012 by admin

Step 2 Financing Your Credit
Video Rating: 5 / 5

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DebtorWise Foundation Announces New Concierge Credit Counseling Sessions

Posted on January 14, 2012 by admin

DebtorWise Foundation Announces New Concierge Credit Counseling Sessions

New Concierge Credit Counseling Sessions

Rochester, NY (PRWEB) January 03, 2012

The DebtorWise Foundation is proud to announce its newly formed Call Center and its multicultural workforce. This staff diversity is the basis for the Foundation’s newest service innovation: Concierge Credit Counseling Sessions. A first for the bankruptcy education industry, bankruptcy filers can schedule required counseling sessions with a certified Credit Counselor of their choice whose personal experiences and background best suits the client’s unique circumstances. For instance, senior citizens can select more experienced counselors, immigrants can choose foreign-born staff, and young adults can request younger counselors. The Concierge Counseling sessions can be scheduled in advance via email to accommodate the time constraints and personal preferences of DebtorWise clients.

With a stagnant economy and scarce jobs in ever greater demand, the DebtorWise Foundation has offered new hope and help to over 20 families who faced bleak prospects during the holiday season. DebtorWise—the nation’s leader in bankruptcy education and consumer financial education—has effectively utilized a public job training program to select, train, and hire unemployed and underemployed workers to become certified Credit Counselors in its downtown offices. Founded by renown consumer finance scholar/advocate, Dr. Robert D. Manning, DebtorWise is a technology innovator in the field of consumer financial services with its cutting-edge online products and services. Its new online, mortgage modification assessments/software will be available next month as DebtorWise expands its focus to the continuing housing crisis.

According to Dr. Manning, author of such notable books as Credit Card Nation and Living With Debt, “The ongoing trend to outsource consumer services is a major cause of the current financial crisis… it is especially detrimental to lower educated and lower income workers. At DebtorWise, we believe that investing in new technology and training our staff to use more efficient computer-guided techniques can produce good jobs with satisfying careers. Our goal is to help those hurt most by the ongoing recession by demonstrating that American workers can outperform their offshore competitors.” With its outreach efforts in urban Rochester, DebtorWise has already taken over 20 workers off the unemployment and public assistance rolls– including military veterans.

As Americans reflect on the events of 2011 during this time of year, the commitment of companies like DebtorWise to help its most distressed citizens offers an instructive example of the programs and policies that will successfully surmount the ongoing recession. As Luz, a mother of six who was previously employed part-time in a fast-food restaurant explains, “DebtorWise gave me and my family hope that there are still opportunities for people like me who work hard and will be rewarded with a good job and respect at work… And, I better understand the difficulties and financial stress of those filing for bankruptcy. I tell them they are going through a tough time but there is a better future ahead for them. I tell’m, Honey, I’ve been there.”

For more about DebtorWise and Dr. Manning, please contact us at 585-563-7715

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Posted in Consumer Financing | Tagged Announces, Concierge, Counseling, Credit, DebtorWise, Foundation, Sessions | Leave a comment

Jim Korreck, Generational Capital Markets, Wins Sector Transaction of the Year – 2011 M&A Advisor Awards, Brenen Hofstadter & Chris Heckert Nominated Award Finalists

Posted on January 12, 2012 by admin

Jim Korreck, Generational Capital Markets, Wins Sector Transaction of the Year – 2011 M&An Advisor Awards, Brenen Hofstadter & Chris Heckert Nominated Award Finalists

Dallas, TX (PRWEB) December 30, 2011

Jim Korreck, Managing Director of Generational Capital Markets, Inc. (GCM), Member FINRA/SIPC, was recognized for closing the Transaction of the Year in “Consumer and Retail Products (Under $ 50 Million) by the M&An Advisor. The award was announced at the M&An Awards Gala at the New York Athletic Club on Tuesday, December 13.

The M&An Advisor Awards honor excellence in deal-doing judged by a self-governing body of industry experts. “The award winners represent the best of the M&An industry in 2011 and earned these honors by standing discovering in a group of very impressive finalists,” said Roger Aguinaldo, CEO and Founder of The M&An Advisor. “From the lower middle market transaction to the multi-billion Deal of the Year, we are recognizing the leading transactions, firms and individuals that represent the highest level of performance.”

Mr. Korreck, Managing Director of GCM’s Chicago office, was in attendance and accepted the award for his work on the acquisition of Midwest Hydroponic and Homebrewing Supplies, Inc. He stated “The owners and management team at Midwest Supplies did a magnificent job building a selfsame attractive company that raised the interest of many prospective buyers. The buyers, Adirondack Capital and Bosworth Capital, were a great fit from both a business and personal standpoint. Their business acumen coupled with their character and people skills went a long way toward ensuring a successful transaction and future growth.”

Award finalists, Mr. Brenen Hofstadter and Mr. Chris Heckert, dealmakers in GCM’s Dallas headquarters, were also in attendance for award nominations of their transactions Morgan Contracting and M&L Petroleum.

About the M&An Advisor
Since 1998, The M&An Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&An AWARDS; M&A CONNECTS™; M&An ALERTS™, M&A LINKS™ and M&A MARKET INTEL™. To learn more visit:http://www.maadvisor.com.

About Generational Capital Markets
Generational Capital Markets, Inc., Member FINRA/SIPC, is a Mergers & Acquisitions advisory firm headquartered in Dallas, TX. GCM is a registered broker/dealer.

GCM represents privately held companies throughout North America with exit planning and merger and acquisition services. It leverages its undergone dealmaking team with long-standing relationships with home and outside strategical buyers and individual equity groups. GCM is affiliated with Generational Equity, LLC, and more information can be found at http://www.gencm.com.

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Posted in Consumer Financing | Tagged 2011, Advisor, Award, Awards, Brenen, Capital, Chris, Finalists, Generational, Heckert, Hofstadter, Korreck, Markets, Nominated, Sector, Transaction, Wins, Year | Leave a comment

Q&A: Will General Electric subsidaries NBC, CNBC, and MSNBC ever report anything negative about Obama?

Posted on January 10, 2012 by admin

by LSE Library

Question by Obama – Wimp in the White House: Will General Electric subsidaries NBC, CNBC, and MSNBC ever report anything negative about Obama?
General Electric Corporation owns a wide variety of businesses. The accompany produces — take a deep breath — aircraft engines, locomotives and other transportation equipment, kitchen and laundry appliances, lighting, electric distribution and control equipment, generators and turbines, and medical imaging equipment. GE is also one of the preeminent financial services companies in the US. General Electric Capital, consist commercial seed, consumer seeding, aircraft leasing, real estate, and energy financial services, is its largest segment. Other operations include the NBC television network. One of General Electric’s largest divisions, GE Energy serves utility, industrial, and governmental customers worldwide, supplying products such as compressors, wind turbines, generators, and nuclear reactors. It also provides equipment that supports oil and gas distribution, and services ranging from consulting and field engineering to environmental monitoring and product lifecycle management.The General Electric CEO is openly an Obama supporter and he wants cap and trade to pass. Why? Not because it is good for the environment, but it is good for General Electric’s bottom line. So will these networks ever report anything controversial about Obama?

Best answer:

Answer by Metal Mike
So far there hasn’t been anything negative to report, if there ever is I’m sure they will.

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Posted in Consumer Financing | Tagged about, anything, CNBC, Electric, ever, General, Msnbc, negative, Obama, Report, subsidaries | Leave a comment

Consumer Finance Center – financing

How can you tell people you know what the formula is for Fico…?

Financial Resolution Center Reports 2012 New Year Resolutions Target Financial Success – Seven Ways to Improve Financial Awareness

Please help: Automotive Questions about car financing?? ?

Restaurant Owners Resort to Alternative Financing Firms as Economy Picks Up

CounterPoint Capital Partners is Named Finalist for M&A Advisor’s 6th Annual Turnaround Awards

Q&A: Short Automotive Questions about car financing? Pleasseee help me?

How To Buy A Car in 8 Steps #2

DebtorWise Foundation Announces New Concierge Credit Counseling Sessions

Jim Korreck, Generational Capital Markets, Wins Sector Transaction of the Year – 2011 M&A Advisor Awards, Brenen Hofstadter & Chris Heckert Nominated Award Finalists

Q&A: Will General Electric subsidaries NBC, CNBC, and MSNBC ever report anything negative about Obama?

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