Massive loss first step in GE Capital sale

April 18, 2015 1:35 AM

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Massive loss first step in GE Capital sale

Executive promises action 'as fast as humanly possible'

As it begins the process of selling off GE Capital, Fairfield-based General Electric reported a $13.6 billion loss for the first quarter, driven by $14.7 billion in losses to its financial statements to account for discontinuing GE Capital results from its own. On a per-share basis, GE calculated th...

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