http://www.creditwritedowns.com/2009/07/no-bailout-for-cit.html Finance, Economics and Markets Thu, 09 Feb 2012 21:30:46 +0000 hourly 1 http://www.creditwritedowns.com/2009/07/no-bailout-for-cit.html#comment-56748 Anonymous Thu, 16 Jul 2009 08:05:00 +0000 http://www.creditwritedowns.com/2009/07/no-bailout-for-cit.html#comment-56748 Ed, it's hard to tell what damage will cause bankruptcy of CIT but my opinion is that CIT become collateral victim of GS high earnings and big bonuses so CIT may have hade chance to be bailed by government but after GS profit it was politicaly almost impossible. Ed, it’s hard to tell what damage will cause bankruptcy of CIT but my opinion is that CIT become collateral victim of GS high earnings and big bonuses so CIT may have hade chance to be bailed by government but after GS profit it was politicaly almost impossible.

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