Comments on: CIT is a warning sign http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/ Now raising intellectual capital Sun, 08 Nov 2015 08:31:30 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traducator romana daneza http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/comment-page-1/#comment-257985 Mon, 29 Sep 2014 15:41:08 +0000 http://blogs.reuters.com/commentaries/?p=1157#comment-257985 A bail bond agent, or bondsman, is any person or corporation that will act as a surety and pledge money or property as bail for the appearance of persons accused in court. Although banks, insurance companies and other similar institutions are usually the sureties on other types of contracts (for example, to bond a contractor who is under a contractual obligation to pay for the completion of a construction project) such entities are reluctant to put their depositors’ or policyholders’ funds at the kind of risk involved in posting a bail bond. Bail bond agents, on the other hand, are usually in the business to cater to criminal defendants, often securing their customers’ release in just a few hours. Bail bond agents are almost exclusively found in the United States and its former commonwealth, The Philippines. In most other countries bail is usually much less and the practice of bounty hunting is illegal.

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By: Hilla Billa http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/comment-page-1/#comment-1006 Fri, 17 Jul 2009 23:05:43 +0000 http://blogs.reuters.com/commentaries/?p=1157#comment-1006 CIT is a failure. Now why is that so hard to digest. We would have all been better off if all the other failures were acknowledged and the system, the way it used to be, collapsed. Now its just postponed the inevitable evolution of socialism from capitalism. Marx winks from the grave.

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By: tim http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/comment-page-1/#comment-947 Wed, 15 Jul 2009 17:41:10 +0000 http://blogs.reuters.com/commentaries/?p=1157#comment-947 Why do so many folks seem to think bankruptcy is a ‘disease’ that needs to be avoided at all costs?

Bankruptct is the CURE for the disease, which is artificially cheap credit championed by the government.

Bailing out failed banks and businesses doesn’t fix the problem; it only ‘kicks the can’ further down the road, guaranteeing an even more painful economic crisis.

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By: Steve Numero Uno http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/comment-page-1/#comment-920 Tue, 14 Jul 2009 17:42:02 +0000 http://blogs.reuters.com/commentaries/?p=1157#comment-920 If you go to the jobs website “www.indeed.com” and use the advanced query feature for “CIT Group” you will see about 170 jobs listed (the link below should get you the first 50). Many of the positions require a high level of financial sophistication and experience. If CIT’s management has been so good then why only now is CIT looking to hire such people? If they had been in place a couple of years ago CIT might not be in such dire financial straits!

http://www.indeed.com/jobs?as_and=&as_ph r=CIT+Group&as_any=&as_not=&as_ttl=&as_c mp=&jt=all&st=&salary=&radius=25&fromage =any&limit=50&sort=

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By: Steve Numero Uno http://blogs.reuters.com/commentaries/2009/07/13/cit-is-a-warning-sign/comment-page-1/#comment-914 Tue, 14 Jul 2009 16:32:18 +0000 http://blogs.reuters.com/commentaries/?p=1157#comment-914 The current and future funds of taxpayers, their children and their grandchildren have been used to bail out large institutions even though, in the opinion of this writer, at least some of those institutions should have been forced into bankruptcy. The line must be drawn somewhere.

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