Cit Grp. Pfd A (fka CIT-A)

[kafao]

care!! Preferred A market capitalization was 120 million when TARP were added, 120 is 5.15% of 3300, so that, if both stocks are treated equally, if the U.S. government give 10% of the new company, preferred A only give 0,52%!, if government 20%, preferref A 1,03%. Only if the actions of the new company worth 28$ and government give 20% is justified the current stock price.