What role does the corporate lending side of Morgan Stanley's business play in the context of General Electric's situation?
GE Sets Up $41 Billion in Credit Lines From Dozens of Banks
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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.
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What systemic risks are associated with heavily indebted industrial companies like General Electric?
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