GE Capital: GE Capital marches on Europe

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GE Capital Services earns 37% of General Electric's profits, so it's anything but strategically insignificant. Right now its generals are engaged in a big push in Europe - it's taken over 34 businesses in two years. The strategy is to revive run-down assets by reshaping them with the company's "non-bank bank" formula. But purchases of traditional banks in eastern Europe are unnerving analysts. Can GECS be as successful with these as with British and French acquisitions? Brian Caplen reports.