More than 10 years ago, the kinds of investors who seek out weak companies were circulating presentations on Wall Street that argued that General Electric’s enormous lending business was a ticking time bomb.

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“G.E.’s decision today shows that some of the financial reform measures regulators have taken are working,” Dennis Kelleher, the president of Better Markets, a group that has often asserted that the overhaul is inadequate, said in a statement. “Firms that threaten America’s financial system — like Wall Street’s too-big-to-fail banks — have to be made to bear the costs of their risky business so taxpayers don’t have to pay the bill when their risks explode like in 2008.”

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Read the full New York Times article by Peter Eavis here.