CIT Group, Inc. New Common (CIT)

[puppydotcom]

Creditors I could see as in regards to those the company owes money to regarding debt for work performed, etc... But those that can buy tens of thousands of dollars worth of bonds are no better than shareholders that can buy $1000/stock!

its the system and the way it works .. always has worked that way

and I agree .. it stinks .. the common shareholder is the common person .. big business bond holders are in the business of corp bond risk
at least it should be shared ..