Standard&Poor's Ratings Services' 'AAA' rating on General Electric Capital Corp. (GECC) is based on the company's strong, stable earnings from a diverse group of financial services businesses and on its ownership by General Electric Co. (GE; AAA/Stable/A-1+). GE is one of the largest companies in the world, based on stock market value. With consolidated assets totaling $600 billion at Sept. 30, 2007, GECC is a premiere provider of credit services to small and middle-market companies and has a substantial position as a consumer lender, especially in private-label credit cards. In addition to unparalleled product and customer diversification, GECC is very diverse geographically, with substantial operations overseas. GECC operates through several business segments, each of which is a major
