General Electric Co. borrowed $16 billion through a Federal Reserve Board rescue program in the fall of 2008, even as the blue-ribbon company enjoyed the highest credit rating available at the time.
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2 comments:
GE is a powerful media company in addition to being a part of the military industrial complex.
The printed their own money. That's what it means to borrow from the Federal Reserve - which is not federal and has no reserves.
Learn the truth
GE is a major Democrat donor.
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