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Morning Links 11-2
blogs.reuters.com - 11/2/2009
Morning Links 11-2
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CIT files for bankruptcy (Wilchins/Comlay, Reuters) The $2.3 billion they got from TARP? It’s gone. We’ve known that for a while….another dagger in the heart of the we-made-money-on-TARP argument… Senate health bill won’t reduce health costs as % of the economy ...
Can Citigroup Carry Its Own Weight?
nytimes.com - 11/1/2009
Can Citigroup Carry Its Own Weight?
— nytimes.com — OVER the past 80 years, the United States government has engineered not one, not two, not three,... but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ... (more) Can Citigroup Carry Its Own Weight?

Comments vote down Economist's View found this 11/1/2009found this
CIT Files for Bankruptcy, First Loser in Government Bailout
businesspundit.com - 11/2/2009
CIT Files for Bankruptcy, First Loser in Government Bailout
— businesspundit.com — Image: Wikipedia Seeking Alpha’s Eli Hoffman puts yesterday’s CIT bankruptcy filing–the fifth largest in US history–in context:... CIT Group (CIT) filed for bankruptcy protection Sunday with broad support from its debtholders, but taxpayers will lose the $2.3B ... (more) CIT Files for Bankruptcy, First Loser in Government Bailout

Comments vote down Rover Rover found this 11/2/2009found this

Blog Reactions

FT Alphaville:  Further reading

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Blog Reactions

Further reading
FT Alphaville — ... secret of composed investing . - UK banks are ‘too big to exist’ ? - Geely and China’s two markets . - Are bankers worth their paychecks ? - Wall Street’s top 10 scariest Halloween costumes . - And the world’s scariest stocks . - Bernie’s legitimate strategy-gone-wrong . - And… the jailhouse interview . - Gold - boom or bust ? - The US is a net oil exporter , sort of. - Are you a liar ? - Further, further reading .

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Here We Go Again . . .
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