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Let the balance sheets swell: So begins the next round of FIN 46 disclosures...

In an investor presentation, General Electric said it has consolidated $50 billion in assets and liabilities associated with the implementation of FIN 46. Of that, roughly $36 billion is associated with securitization, which presumably includes its ABCP conduit Edison Asset Securitization.

According to Moody's Investors Service, Edison was at...

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