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  • Market Sniper: 
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  • The Market Sniper
  There ya go! Tried and true. When Bk, just borrow more! LOL...Like the old saying, when you owe the bank a few buck, they have you by short hairs. When you owe the bank a ton, you have THEM by the short hairs.

  Jul 19 05:34 PM | Link | Reply
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  • RiskReturnO...: 
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  PIMCO is major owner of CIT bonds, and has been advocating "investing alongside US government." This time it seems like US gov't is not playing anymore (willing to lose the TARP money) ... so PIMCO has stepped up the plate to get CIT another chance ... let's see how the deal looks when its formally announced tomorrow.

  Jul 19 05:37 PM | Link | Reply
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  • BullnBear: 
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  Any thoughts on why PIMCO and Goldman seem to be involved in every deal that gets done these days?

  Jul 19 06:16 PM | Link | Reply
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  • Market Sniper: 
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  No idea. ROFL
  
  
  On Jul 19 06:16 PM BullnBear wrote:
  
  > Any thoughts on why PIMCO and Goldman seem to be involved in every
  > deal that gets done these days?

  Jul 19 06:19 PM | Link | Reply
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  • fed_alchemy: 
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  Were Pimco and GS two of the PPIP authorized dealers

  Jul 19 06:30 PM | Link | Reply
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  • Illusional ...: 
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  They are the only one with direct access to the printers
  
  On Jul 19 06:19 PM Market Sniper wrote:
  
  > No idea. ROFL

  Jul 19 07:05 PM | Link | Reply
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  • FloridaBoy2: 
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  Perhaps Goldman has a conscience?...nah....h... they are one of the few solvent players. PIMCO will most likely get a better return if CIT stays out of court.
  
  
  On Jul 19 06:16 PM BullnBear wrote:
  
  > Any thoughts on why PIMCO and Goldman seem to be involved in every
  > deal that gets done these days?

  Jul 19 07:36 PM | Link | Reply
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  • Jolly_Rancher: 
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  Because they didn't buy bond default insurance on their CIT debt. If they had, it would have required another gov. bailout.
  
  
  On Jul 19 06:16 PM BullnBear wrote:
  
  > Any thoughts on why PIMCO and Goldman seem to be involved in every
  > deal that gets done these days?

  Jul 19 07:59 PM | Link | Reply