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Tuesday, October 13, 2009 1:25:23 AM
if this company fails their clients (of which they have a lot) are going to have to go to other companies...
those companies can not take on all of CIT's clients...
remember AIG??? same kinda situation here...
our economy could take a nice hit a lot of good companies could fail because this fails... or if this fails...
and further it could cause a snow ball effect
Everything I say is in my own opinion do not buy sell or hold based off what I have to say.
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