For the CIT Group- It's Like Christmas, But They'll Still Shoot Their Eyes Out...

Travis's picture

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Anonymous's picture

Somebody said "it's just CIT.. not Citi". For me this is a big blow, am I wrong?

Fish Gone Bad's picture

This will all end badly for everyone.

Anonymous's picture


merry christmas in advance everyone! [while it can still be merry.]

spekulatn's picture

Pardon me? HELLLLLLOOOOO. Need I remind you of the most excellant call by a certain someone on TV....yes he is on friggin TV,so youknow its gotta be friggin true...


Anyways, he said that CIT is a friggin buy(at higher prices too) because it ain't going bankrupt and the shares will ONLY go higher because it was said on TV by the most watched dude on the most watched channel.


P.S. Sorry about the fish







Anonymous's picture

So does a strategic default with Shitty Bank make sense now or wait till the bankruptcy? How long would one hold out for a reduced settlement offer or do you just tell them to stick it in their pie hole?

Anonymous's picture

From my understanding, now at least, CIT is not the same as Citi. Two different entities. Still, screw Citi.

Dogfather's picture

The gutter-rat Icahn's pockets are on fire, let's pray that all of his
$1 Billion go up in smoke...

You Cant Handle the Truth's picture

"Citi and CIT Are Primed for Upside"  By JIM CRAMer


Anonymous's picture

Forget Galleon: What about Goldman’s ex-boss?

It’s kind of amazing that with all the uproar over the Galleon business, nobody is making much hay over the recent revelations about the AIG bailouts, which make former Goldman chief and former New York Fed chairman Stephen Friedman look every bit as guilty of insider machinations as Raj Rajaratnam of the Galleon fund.

All of this matters for two reasons. One, it’s yet another example of how Goldman’s success isn’t attributable to how “smart” the bank and its employees are.