I'm unable to tell if GE is a buy at this point in time. I was intending to enter for a long term hold. Here's the latest investor letter update on their web page. http://www.ge.com/investors/ge_ir_update_09142008.pdf The latest 10-k 2007 financial statement: http://www.ge.com/ar2007/pdf/ge_ar2007_financials.pdf What I don't understand is the risk assesment or lack thereof and the composition for the $86 billion unsecured senior notes which were issued to institutional and retail investors. By the way the total sharholder equity is $115 billion. Seems they were smart enough to get out of the risky residential mortgage market and the commercial loans only have a 68% L to V, a pretty good ratio. Delinquency rates at GE money ($175 billion) had increased slightly to 5.36%, not much more than the 2006 delinquency. Any comments as to the long term prospects would be appreciated.