November 7, 2009
CIT Group like so many other lenders made some seriously bad decisions and got caught up in the subprime mortgage debacle that came to a head towards the end of last year. Although the centennial bank holding company received 2.3 billion from the government under the Troubled Asset Relief Program last year the government did [...]
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February 8, 2009
Seriously people of America…this is a stickup. What in the world is going on here?! Look, I’m no economist but are we really going o sit back and let this ridiculous “stimulus package” get passed without a peep? The worst part is even some professional economists are unsure whether it’s even enough: “It’s possible that [...]
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