apppro

CIT's Pain Is Goldman's Gain

The real GS crime is still not being acknowledged. Who do you think was taking all those Chanos, Einhorn, Ackman, Paulson, etc. SHORT SALES BETS (and that's all they were and are - gambling bets) that eventually brought down the entire country. That is what GS is apologizing for, but no one says it.
When are we going to go after the true culprits and not just GS's stupidity?

CIT Group: Taxpayers' Investment Is Virtually Worthless

Thank you Goldman, Pimco, & Ichann.

Q4 Outlook: Real Life Stress Tests Begin

Those somewhat 'pre-arranged' bankruptcies appear more to be the process by which we now allow vultures to swoop in and devour the carcasses of what used to be viable companies. The fact that Carl Ichann is trying to pick the bones of CIT at the end is just proof of our collective ignorance and their collective greed. Where was he 10 months ago when Pimco and GS were placing the nails in CIT's coffin?
Has anyone given any thought to how all this REALLY started? Oh yeah, I forgot > some bad housing and loans - BS!

CIT's Problems Have Not Gone Away

Whether I disagree with you BASE assumptions or not, I CANNOT agree or even appreciate your inflammatory headlines with no real NEW news or verifications.
Basically, your entire article is based on 'your GUT' and personally I really don't care to read about your lower digestive issues.

I would not be so criticle if your title had read:
"My bowel movements are telling me that CIT's Problems Have Not Gone Away"

Accelerating Bank Failures Refute Recovery Hype

Your title should have been:

"Accerlating Short Blogs Confirms Recovery."

CIT: A Turning Point in the Financial Crisis

<<You mean it was all just a fear induced hallucination? You sure about?>>

Pretty much!
We will see that history will write that after we allowed shorts to take down Lehmans for their own greed & hubris, we all convinced ourselves that the end was here out of our own fear and ignornace.

Fear is a very powerful emotion - far more powerful then greed.

All a dream - YES
www.youtube.com/watch?...

CIT: A Turning Point in the Financial Crisis

Truer words have never been spoken! When businesses finally realize that the world is not coming to an end, then recovery will be here. Hey, we totally convinced ourselves into this mess, some positive thinking may just get us going again.

But probably the most important indication of all is who is helping here – Pimco! These guys have been sitting on the sidelines preaching their ‘new normals’. They have had one opportunity after another to get some cash back into the system, but have decided to let things fail before they did. Since they withdrew from the bank “legacy asset” buyback plan when they realized that it wasn’t going to give them the ludicrously low prices they want, they decided to pick the bones of CIT.

Better late then never, but I guess in Pimco’s view they’re not late at all – just right!