General Electric Capital Corp. (GECC) benefits from a risk portfolio that is very diverse, both by product line and geographically, enabling the company to maintain consistency in its consolidated profitability throughout the business cycle, despite difficult operating environments in several of its businesses. The global and business-type diversity provides the company with a variety of income sources so that gains in one sector can offset weaker performance in other sectors. In July 2002, General Electric Co. (GE; rated AAA/stable/A-1+) announced an administrative reorganization of GECC, with the subsidiary now organized as four separate businesses reporting directly to GE Chairman and CEO Jeffrey Immelt. The four businesses under the reorganization are GE Commercial Finance, GE Consumer Finance, GE Insurance, and GE
