Replies to post #1977 on CIT Group, Inc. New Common (CIT)

[Apophis]

The company still has lots of assets

the prefered will surprise

[RonnieD]

6 Bil assets over lia but they want to borrow 10 B, so equity could be negative 4 bil.

as of now the White House is reviewing this, they are set to lose their investment.

intervention may happen today.

[dannoninvest]

did you see that all preferreds and commons will be cancelled.