Langlui's Big Board and Options Plays

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The Federal Reserve should have focused on getting the securitization market working again, as it promised last autumn, to avoid situations like that in which lender CIT Group is now, Steve Forbes, CEO of Forbes, told CNBC Tuesday.

CIT Group [CIT 1.64 0.03 (+1.86%) ] has 1 million clients which include big names from the franchisee of Dunkin' Donuts to retailer Dillard's. Analysts fear that its collapse could deal a devastating blow to the economy by cutting off financing even more.