Pinkybrain

CIT: Lessons Learned

Yes, I'm sure that the Wells Fargos of the "government anoited" have been glad to take this business. Using taxpayer money and of course charging more for lending to these companies. After where is their downside, if they these borrowers survive Wells Fargo, et al will make greater profits to spread about the "bonus tree". If these companies don't survive, having to pay higher rates in a weak economy, well Wells can always go back to "mother" and get more taxpayer money. After all, they "CANNOT BE ALLOWED TO FAIL".
Don't you see something wrong with this and your analysis?


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