Ownership and support from parent General Electric Co. (GE) Strong, diverse, and well-managed business franchise Credit quality significantly better than most peers' Pressure on earnings from rising credit losses in the current tough economic environment Highly reliant on wholesale and short-term funding sources, though with significant temporary government support currently Standard&Poor's Ratings Services' 'AA+' rating on General Electric Capital Corp. (GECC) reflects ownership by GE (AA+/Stable/A-1+) through intermediate holding company General Electric Capital Services Inc. (GECS; --/--/A-1+); GECC's strong, well-managed business franchise; its large scale and resources; its relatively good credit quality; and management's ongoing efforts to bolster liquidity and reduce funding risks. However, we are concerned about accelerating pressure on earnings from rising credit losses in the
