General Electric Credit Corp. - 1976 dated $1,000 Bond

$1,000 7% Bond printed by American Bank Note Company. Incorporated in 1943. Lawrence Arthur "Larry" Bossidy (born March 5, 1935) is an American author and retired businessman. He was CEO of AlliedSignal (later Honeywell) in the 1990s, prior to which he spent more than 30 years rising through executive positions at General Electric.

One of his most important jobs at General Electric was as chief operating officer of General Electric Credit Corporation from 1979 to 1981. During Bossidy's tenure as head of General Electric Credit Corporation, the subsidiary, founded in 1943, came into its own. Between 1979 and 1984, its assets doubled, to $16 billion, due to expansion into leasing and selling of heavy industrial goods, inventories, real estate, and insurance. The leasing operations also provided General Electric with tax shelters from accelerated depreciation on equipment that GE developed that were then leased by the credit corporation. Dennis Dammerman worked for Bossidy at GE Credit and remembered that Bossidy "could be boisterous and a little unsettling to the insecure. He challenged everything, If you couldn't back up what you said, look out. But he also challenges himself." Read more at https://en.wikipedia.org/wiki/Lawrence_Bossidy#CEO_of_General_Electric_Credit_Corporation