You can't miss Dan Porter's cufflinks. The large, glistening orbs weigh down his wrists. They're definitely not understated; some might call them ostentatious. Set into the pale face of each is a dollar sign and the number three that sparkle when they catch the light. Yes, they're diamonds, confirms Porter, head of business development at GE Capital Europe.
The cufflinks were presented to each of the General Electric Capital Services (GE Capital) business heads just before Christmas last year by chairman and chief executive Gary Wendt. They mark the fact that in 1997, GE Capital's net income broke the $3 billion barrier for the first time. Porter also has a set of $2 billion cufflinks at home, which, he assures us, are much less tasteful than these. Good taste is not what GE Capital is about.
This, after all, is the company that calls its 28 business areas "bubbles" without...
