PIPE AL

CIT Group: From 'Near Death' to 'Critical'

HOPE CIT DOES NOT REPEAT THE SITUATION TYCO WENT THROUGH, THEY WERE PART OF THEM FOR A TIME. IF THEY TRY TO SELL THE RAILCAR FLEET AT SAME TIME AS GE, LOOK OUT. BARGAIN SALES MUCH LESS RETURNS TO SELLERS. GE FLEET PROBABLY 6 BILLION DOLLAR PLUS. CIT ? 4 BILLION OR SO.