6/7/2010

European banks' difficulty in issuing commercial paper prompts a look at other companies that use this funding source, such as GE Capital, according to The Wall Street Journal. Although the company reduced its outstanding commercial paper to $46 billion from $101 billion at the end of 2007, that might still be too high. Companies such as Deere and Caterpillar have less, with $209 million and $2.2 billion, respectively.

Related Summaries