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General Electric tapped the Federal Reserve’s new commercial paper facility for a loan under $5bn.

On October 27, the annual cost of five-year protection against a GE Capital default cost 552.5bp. Insurance on triple-A rated Johnson & Johnson cost 52.5bp, according to Bloomberg.

1 Oct 2008 -

Buffett's General Electric shock

25 Sep 2008 -

Told you so