Exhibit 24

                                POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS,  that each of the  undersigned,  being directors
and/or officers of General Electric Capital Corporation,  a Delaware corporation
(the  "Corporation"),  hereby constitutes and appoints Denis J. Nayden, James A.
Parke, Joan C. Amble and Nancy E. Barton,  and each of them, his true and lawful
attorney-in-fact  and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead in any and all capacities,  to sign one
or more Annual  Reports for the  Corporation's  fiscal year ended  December  31,
2001, on Form 10-K under the  Securities  Exchange Act of 1934,  as amended,  or
such other form as such  attorney-in-fact  may deem necessary or desirable,  any
amendments thereto,  and all additional  amendments thereto in such form as they
or any one of them may approve,  and to file the same with all exhibits  thereto
and other  documents in connection  therewith  with the  Securities and Exchange
Commission,  granting unto said  attorneys-in-fact and agents, and each of them,
full  power  and  authority  to do and  perform  each and  every  act and  thing
requisite  and necessary to be done to the end that such Annual Report or Annual
Reports shall comply with the Securities  Exchange Act of 1934, as amended,  and
the applicable  Rules and Regulations of the Securities and Exchange  Commission
adopted or issued pursuant thereto,  as fully and to all intents and purposes as
he might or could in  person,  hereby  ratifying  and  confirming  all that said
attorneys-in-fact  and  agents,  or any of them or  their or his  substitute  or
resubstitute, may lawfully do or cause to be done by virtue hereof.

IN WITNESS  WHEREOF,  each of the undersigned has hereunto set his hand this 7th
day of March 2002.



/s/ Denis J. Nayden                               /s/ James A. Parke
-----------------------------                     ------------------------------
Denis J. Nayden,                                  James A. Parke,
Chairman of the Board and                         Director, Vice Chairman and
Chief Executive Officer                           Chief Financial Officer
(Principal Executive Officer)                     (Principal Financial Officer)


                          /s/ Joan C. Amble
                          -----------------------------
                          Joan C. Amble,
                          Vice President and Controller
                         (Principal Accounting Officer)