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Replies to post #194 on Cit Grp. Pfd A (fka CIT-A)

Replies to #194 on Cit Grp. Pfd A (fka CIT-A)
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Stock

12/08/09 3:50 PM

#195 RE: Joe Stocks #194

they wiped 10 billion off their books. and the bondholders got the store.

how could the CVRs NOT play out?
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Stock

12/08/09 3:53 PM

#196 RE: Joe Stocks #194

the preferreds won't be cancelled for 2 months, then.

the old common goes EOD Wed.