Day: July 13, 2009

Should CIT Group be saved?

Reading Time: 2 minutes By the time of this writing, CIT Group (NYSE: CIT) fate is still unknown. A while ago (Apr 24 2009) I wrote about CIT Group because I traded it on that day. I felt the situation looked more an more like WaMu as that afternoon the rating agency downgraded the rating of CIT bond to

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stlplace
July 13, 2009
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