GE Sets Up $41 Billion in Credit Lines From Dozens of Banks

The transcript discusses the financial situations of PG&E and General Electric, focusing on their credit lines and market reactions. PG&E's case is highlighted due to its government backstop, while General Electric's credit risk and market impact are analyzed. The potential systemic risks of heavily indebted companies are also explored.

What role does the corporate lending side of Morgan Stanley's business play in the context of General Electric's situation?

What systemic risks are associated with heavily indebted industrial companies like General Electric?