Add a New Bears Reason

Company: CIT Group Inc (CIT)
Current price:
Headline: (100 character max)
Analysis:
Cancel
53%
agree
174 votes

  No more loans

The FDIC is resistant to loan/bail out CIT.

(100 character max) Cancel
3%
agree
29 votes

  NO more bad loans for executives and boards who mismanage companies because of greed and stupidity.

I have been retired now for almost 10 years and each year when all prices rise, I adjust my budget accordingly and manage to pay my two credit cards in full each month, cut back on all expenditures not necessary and have a 15 year old auto and my home free and clear. Each year it gets much harder, but I tighten my belt and manage to stay free of debt. Why in this world is our government handed these jerks money on a golden platter and put no controls on securing repayment of our money. The outlandish salaries, bonuses, and golden parachutes should be eliminated before any company is given money to burn. DAM, it makes me mad and I worry very much about the diminished future my two little granddaughters will have because of this rampant stupidity/greed from the government and companies. In my opinion, we would be light years ahead if this scam of "to big to fail" was never used and the excuse. No company is too big to fail!

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki