2009-10-01bloomberg.com

" CIT Group Inc., the 101-year-old commercial lender, will seek board approval as soon as this week for a voluntary debt exchange that may pit bondholders against each other and leave shareholders almost wiped out."



Comments:

catherine at 00:38 2009-10-02 said:
OKAY, GETTING NEAR GAME DAY NOW -

THIS IS EVERY MAN FOR THEMSELVES AND THE BIG BOYS ARE FINALLY SHOWING UP TO THE PARTY..........the little serfs tax money has kept these guys still up in the bubble for the last two years, we have blown 12 trillion up their buttocks,

AND ALL THAT CASH HAS GONE DOWN THE RABBITHOLE BUYING WORTHLESS TOXIC ASSETS

CREATING MARKET TO MAGIC BALANCE SHEETS.................

THESE BOYS WERE SURE THAT THIS WOULD TURN OUT TO BE JUST A LITTLE DOWNTURN, THEY WERE THE BIG BOYS SMARTER THAN THE REST AND THEY WOULD SURVIVE AND YEAH

SURE THEY FELT SOME SYMPATHY FOR THE REST

WELL NOW THEY ARE UP TO THE PUNCHBOWL

AND ARE GOING TO CUT EACH OTHER OUT

I HAVE BEEN SAYING THAT WHEN THE MUSIC STOPS, LOTS OF GUYS WON'T HAVE A SEAT AND I JUST DIDN'T MEAN THE LITTLE GUYS

WAIT UNTIL THE MUNICIPAL BONDS START TANKING..........THAT WILL SEPARATE THE BOYS FROM THE MEN, WON'T IT Permalink

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