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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 423.31

-0.6%

4:00 PM EST

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To: elmatador who wrote (57294)	11/1/2009 6:38:38 PM
From: Haim R. Branisteanu	1 Recommendation Read Replies (4) of 219366

I am not sure how many on this tread are familiar with CIT, but the fact that CIT was driven into bankruptcy is more proof of the banana republic ways that the BO administration is operating.(in the past I worked with CIT as a company and they where not even close to take un-necessary risks in lending for speculation of higher profits like most WS outfits) As proof the BO administration supported AIG with huge amounts of $$$ v. only 2.3 billion to CIT for the simple reason - to save the criminals at GS and others of their ilk who received 100% of their insurance / investment. GS got the money from the US Government trough AIG, for the simple reason that many GS alumni are within the US administration (mostly the US Treasury) and supported the election of BO. MER,BAC and C where in similar situation and it only proves the character of the BO administration. Even that CIT was forced to file a pre- packaged bankruptcy it is no excuse why AIG could not file for pre- packaged bankruptcy or do the same for BAC or MER or C etc., etc., It should be obvious by now that the thieves and swindlers of WS penetrated now the US Government and saving a company in hard time is highly dependent of the management's political orientation. No wonder that after the bankruptcy details of CIT started to clarify to the market participants the USD started to weakened again. The US will get into financial trouble not by a new terrorist attack but by the damage inflicted by those well connected with the BO administration The proposed health insurance plan? ……unfortunate it is only a footnote in the new path to corruption in the US

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