InvestorsHub Logo
Followers 54
Posts 13444
Boards Moderated 1
Alias Born 06/18/2009

Re: Hammer1 post# 46975

Wednesday, 07/15/2009 7:55:15 PM

Wednesday, July 15, 2009 7:55:15 PM

Post# of 160314
sent this email to Dow Jones reporter who wrote the article:

Meena -- WHO at The U.S. Treasury did you speak with ?? NAMES, PEASE....and HUMANS, at that -- otherwise you doing a SHODDY/SHADY type of journalism !!



reply ASAP



Buddie

a CIT investor



ps...The U.S. Treasury is a LEGAL F.I.C.T.I.O.N. and CANNOT speak -- ONLY a human can. check with your lawyers on the LEGALESE language BEFORE you write SHODDY/SHADY type of journalism.









US Treasury: High Threshold Exists For Exceptional Government Aid

13 minutes ago - Dow Jones Newswires
By Meena Thiruvengadam

Of DOW JONES NEWSWIRES

WASHINGTON (DOW JONES)--The U.S. Treasury said Wednesday there's "a very high threshold for exceptional government assistance to individual companies."

It's comment came just hours after CIT Group Inc. (CIT) said that little hope exists for it to secure further government aid.

The Treasury declined to confirm whether talks between government officials and the lender have broken down.

The struggling commercial lender said earlier Wednesday that discussions with government agencies have ended and its board is evaluating alternatives for the company. CIT is facing a liquidity crisis with corporate customers having drawn down hundreds of millions of dollars from their credit lines in recent days.

-By Meena Thiruvengadam, Dow Jones Newswires; 202-862-9255; meena.thiruvengadam@dowjones.com

Dow Jones Newswires

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.