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General Electric To Sell Majority Of Finance Arm, Real Estate Holdings

NPR | By Chris Arnold
Published April 10, 2015 at 3:48 PM CDT

The sprawling conglomerate General Electric is radically paring down its business, ditching most finance and real estate operations. GE was badly burned by the financial crisis, and the plan announced Friday would protect it from the risks associated with banking.

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Chris Arnold
Chris Arnold is a correspondent with NPR's investigations team. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered and Weekend Edition.
See stories by Chris Arnold
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