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Friday, April 10, 2015

GE Plan Opens Escape Path From Fed Too-Big-to-Fail Label

... with being selected, with insurer Metlife Inc. suing the U.S. government to try to escape. Instead of fighting, Fairfield, Connecticut-based GE is slimming down. The company's shares rose $2.48 to $28.21, or 9.6 percent, at 2:41 p.m. in New York ...



via Fairfield Newswire http://www.newsmax.com/Finance/StreetTalk/ge-general-electric-federal-reserve-too-big-to-fail/2015/04/10/id/637827/

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