GE -- Do You Suppose?

8.
April 14th,200811:44 am
Do you suppose GE was using quarter-ending new positions in derivatives to “sculpture”/”show” huge amounts of “earnings” from GE Money and to balance shortfalls in other divisions, (or GE Money itself) at the close of each quarter, like the Japanese Banks did before they “fessed up” and cleaned up the practice? If so, then when the first quarter came to an end they (GE) found there were no counterparties who were willing to play that game, even for a fee?
— Posted by f bruce abel