Buffett to Invest Billion in G.E. - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times

GE has been busy strengthening their balance sheet (i.e. delevering). Whether this is just prudent planning for volatile times, or a signal that they fear we have not seen the worst yet, is anyone's guess, but parrots a phrase my finance students heard nearly everywhere we went on our recent NYC trip: "cash is king".In GE's case, they made two sales. The first was a sale of perpetual preferred