By exploiting its AAA rating, GE capital was able to raise capital cheaply and then deploy it to fund everything from commercial-property and home loans to credit-card lending and insurance.
Even when capital is available, taking on debt can jeopardise a firm's credit rating.
即使可以获得资本,承担债务会损害一个公司的信用评级。
3
The business model at GE Capital was built on the foundation of an AAA credit rating that gave the division access to huge amounts of cheap money through the commercial paper market.