Wednesday, 4 March 2009

crating(_GECapital, downgrade(_AAA, -4)) :- payout(_GECapital, usd(8bn)) [Fortune, GE10K]

GE has become the economy's bellwether (MARKET THERMOMETER, LEADING SHEEP) company. (p.s. what is the meaning of bellwether - seems this is a term used by a lot of financial analysts and economists. what is the meaning? wiktionary describes bellwether as the leading sheep of a flock, anything that indicates future trends or a stock/bond indicative of the overall temperament of the marketplace). We should pay careful attention to bellwether stocks.

ceo( _GE, X). ? X = "Jeffrey Immelt".
mba(jeffimmelt, hbs).

CD = crating(_GECapital, downgrade(_AAA, -4))

estEarnings( _GE, 2009, X). ? X = usd(12bn).
estEarnings( _GE, 2009, X), CD :- X = usd(4bn).
divfreq( _GE, X). ? X = quarterly.
exchange( _GE, X). ? X = nyse.

business( _GE, X). ? X = selling(Y), servicing(Z), financing(A). Y=advancedGasTurbines, Z=aircraftEngines, A=businesses, A=consumers.

diamond(CD):- reasons(X). ? X=cashflowstress, X=deterioratingAssetquality, X = not(diamond(borrow( _GE, money)))

motto( _GE, X ). ? X = "imagination at work".

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