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To: Chet 99

This is a bad noise for small business.

Watch for a huge spike in small business bankruptcy.


8 posted on 11/01/2009 2:04:31 PM PST by OpusatFR (Tagline not State Approved.)
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To: OpusatFR

Any impact to small business will be nominal....CIT hasn’t been lending for a while....


11 posted on 11/01/2009 2:06:23 PM PST by nevergore ("It could be that the purpose of my life is simply to serve as a warning to others.")
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To: OpusatFR
"Watch for a huge spike in small business bankruptcy."

The Marxist Make-over of America is on schedule!

37 posted on 11/01/2009 3:08:44 PM PST by editor-surveyor (The beginning of the O'Bomb-a administration looks a lot like the end of the Nixon administration)
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To: OpusatFR; All
This is a bad noise for small business.

Watch for a huge spike in small business bankruptcy.

Yeah - CIT is the largest issuer of short-term commercial paper, which small businesses need to tide them over between the time they invoice and the time they get paid ...

99 posted on 11/01/2009 9:13:15 PM PST by Lmo56
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