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Biotech / Medical : Biotech Valuation

CRSP 57.00

-0.1%

12:06 PM EST

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To: IRWIN JAMES FRANKEL who wrote (32773)	11/2/2009 10:24:16 AM
From: A.J. Mullen	1 Recommendation Read Replies (1) of 52153

OT CIT, washingtonpost.com The market seems to have taken the news of CIT filing for Chapter 11 very well. Maybe there aren't long chains of debt-holders, but surely some entities are going to be hurt? OK it's "only" $10 Billion, and the govt is holding $2.3B. But there's the issue as to whether it survives and that effect on business. Ashley

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