Another major US bankruptcy!

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  • L-Pink
    working on my tan
    • Mar 2005
    • 39151

    #1

    Another major US bankruptcy!

    CIT Group files for chapter 11. Major lender for small and mid-size businesses.

    Analysts warned that the bankruptcy could add to the uncertainty around loans for the nation's small businesses, especially retailers, which make up a significant portion of CIT's clients and are already struggling with tight credit markets.

    http://finance.yahoo.com/news/CIT-fi...&asset=&ccode=


    .
  • J. Falcon
    www.AdultCopywriters.com
    • May 2006
    • 31645

    #2
    Horrible news.
    Adult Copywriters



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    • Darkland
      Confirmed User
      • May 2002
      • 1488

      #3
      That isn't anything... At least they aren't failing and are attempting to restructure their debt. You must be thinking of banks that actually fail as 9 did a couple of days ago.

      http://money.cnn.com/2009/10/30/news...ion=2009103023

      That makes a total of 115 banks for 2009 that failed and just went away or were consumed.


      "The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01

      Comment

      • glamourmodels
        Confirmed User
        • Apr 2007
        • 2121

        #4
        hmmmmmmm
        Hot london escorts and international escort directory

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        • mozadek
          Confirmed User
          • Feb 2008
          • 1325

          #5
          Thank you Obama?

          Comment

          • ztik
            Confirmed User
            • Aug 2001
            • 5196

            #6
            scared me thought this was C


            inregards to the thread, adapt or die, its a good thing the banks are failing as other things will come in to take place
            .

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            • marketsmart
              HOMICIDAL TROLL KILLER
              • Dec 2004
              • 20419

              #7
              Originally posted by mozadek
              Thank you Obama?
              cool story bro.....

              Comment

              • Iron Fist
                Too lazy to set a custom title
                • Dec 2006
                • 23400

                #8
                Originally posted by mozadek
                Thank you Obama?
                No.... thank you George Dubya...
                i like waffles

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