GE's Finance Unit: Maybe Jettisoning It Is a Bad Idea, After All

There’s been little love lost between General Electric (GE) investors and GE Capital Corp., the financial unit that wiped out a huge chunk of the industrial conglomerate’s value in post-9/11 years. Calls for GE to sell off huge parts of the finance division, which is essentially one of the country’s biggest banks, still reverberate among investors who want a more straightforward industrial play. But ironically, GE Capital is a key reason GE shareholders are a lot happier tod...