[Daisyjane69]

some might find this interesting:

http://market-ticker.denninger.net/archives/1201-SEC-Destroys-California.html

Now pay attention to this. The big banks are INSOLVENT.

http://market-ticker.denninger.net/archives/1203-Stupidity-Bites-HARD-Dodd-and-Frank.html

Then there’s this:

http://zerohedge.blogspot.com/2009/07/cit-prepares-to-file-bankruptcy.html

CIT as in Citibank.

Is it going to happen? Who knows. But the notion that is might be out there is plenty scary, don’t you think?

Nothing like having an economic nitwit, who is “set for life” in charge of the situation, gang.

He gets to play with the “house money.”

[javachip]

CIT as in Citibank.

Citibank is part of Citigroup, ticker symbol C. It's not part of CIT.