GE's Credit Rating at Risk

The Standard and Poors rating service says there is a probability of 33% that they will downgrade GE's AAA rating within the next two years. A GE spokesman, speaking on the matter, admits that if they are unable to meet their short-term financial plan rating cuts will come. According the Standard and Poors, GE has has about $10 billion in cash that could be funneled into the capital unit, on top of the $5 billion already contributed this month. Doing this will shore up the capital unit's balance sheet and hold off a rating cut at least in the short-term.