NEW YORK (Standard&Poor's) July 22, 2011--Standard&Poor's Ratings Services today said its ratings on General Electric Capital Corp. (GECC; AA+/Stable/A-1+) are not affected by the company's second-quarter results. General Electric Capital Services Inc.--GECC's direct parent--reported net earnings from continuing operations of $1.61 billion in second-quarter 2011, up significantly from $712 million during the same period in 2010, but down from $1.84 billion in first-quarter 2011. (The unfavorable comparison versus first-quarter 2011 was primarily the result of a $317 million gain from the sale of Turkish Bank Garanti in the first quarter.) We continue to view GECC's stand-alone credit profile as 'a'. The 'AA+' counterparty credit rating on GECC reflects our view that the company is a core
