Comments on: CIT’s strong hand http://blogs.reuters.com/reuters-dealzone/2009/07/15/cits-strong-hand/ Behind the deals and deal-makers Thu, 23 May 2013 02:59:29 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Stephen Manion http://blogs.reuters.com/reuters-dealzone/2009/07/15/cits-strong-hand/comment-page-1/#comment-345099 Stephen Manion Wed, 15 Jul 2009 19:23:13 +0000 http://blogs.reuters.com/reuters-dealzone/?p=16258#comment-345099 Enough of throwing money at failures. If bankruptcy worked with GM it will work with CIT. Pressure its already bailed-out cronies to pick up the pieces in a structure bankruptcy. They owe us more than that. Enough of throwing money at failures. If bankruptcy worked with GM it will work with CIT. Pressure its already bailed-out cronies to pick up the pieces in a structure bankruptcy. They owe us more than that.

]]> By: Ken http://blogs.reuters.com/reuters-dealzone/2009/07/15/cits-strong-hand/comment-page-1/#comment-345096 Ken Wed, 15 Jul 2009 15:50:02 +0000 http://blogs.reuters.com/reuters-dealzone/?p=16258#comment-345096 CIT probably has enough liquidity to weather this crisis, but needs to get an even hand to push ahead with strength. This shot in the arm will put CIT back on solid ground so they can hit it running. Clever and necessary tactic to succeed, not just survive. CIT probably has enough liquidity to weather this crisis, but needs to get an even hand to push ahead with strength. This shot in the arm will put CIT back on solid ground so they can hit it running. Clever and necessary tactic to succeed, not just survive.

]]> By: Steve Numero Uno http://blogs.reuters.com/reuters-dealzone/2009/07/15/cits-strong-hand/comment-page-1/#comment-345094 Steve Numero Uno Wed, 15 Jul 2009 15:24:10 +0000 http://blogs.reuters.com/reuters-dealzone/?p=16258#comment-345094 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! Management incompetence and stupidity, raised almost to the power of infinity. And you want to reward them. Let CIT enter bankruptcy and emerge under new and hopefully better management! 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= 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!

Management incompetence and stupidity, raised almost to the power of infinity. And you want to reward them. Let CIT enter bankruptcy and emerge under new and hopefully better management!

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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