[groanup]

"he blew the whistle on GE Capital last year and that didn't make him many friends"

He bought a couple hundred million of GE debt and they promptly announced another billion on the shelf, effectively depressing the value of his new investment. He was pi**ed and I don't blame him. But because he wields such a large sceptor in the bond markets, and because the timing corresponded with the corporate shennanigans he is given credit for prescience when he simply had a case of good timing.

[arete]

If he was holding on to so much GE Capital debt, why would he force a downgrade in their credit rating?

Richard W.