CIT Group, Inc. New Common (CIT)

[z4lover]

http://www.firstcapital.com/Press_Releases/051810-term-securitization.html

CIT is going to loose business to these guys. they just raised an extra 139 million which will be then levered and lent out.

CIT is doing business currently at an unsustainable level... and their clients are looking to get out. Be very careful here. jmho

note the above company is private, i'm not trying to get anyone to buy this company, just merely showing what the industry is doing to take over what CIT is doing.