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Should CIT be relieved of their bailout loans from taxpayers in bankruptcy?




www.thomhartmann.com

This entry was posted on Friday, December 11th, 2009 at 10:24 am and is filed under People. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Should CIT be relieved of their bailout loans from taxpayers in bankruptcy?”

  1. Read the books “The Student Loan Scam: The Most Oppressive Debt in U.S. History – and How We Can Fight Back ” by Alan Michael Collinge and “The Trap: Selling Out to Stay Afloat in Winner-Take-All America” by Daniel Brook.

  2. Thanks for the apt description of the student loan/bancruptcy issue. I go to a Land Grant College, persuing a physics degree. Currently, the physics dept is under assault by the governing board to eliminate the dept because of the lack of graduates coming out of the school. Put the increase of cost with the fact that science is hard (and not glamorous anymore), and what you get is a lack of interest in the subject. This is the real ‘trickle down’ from Reagan- a science void in this country.

  3. I heard that CIT had about $5 Billion more in assets than liabilities.

    Funny how US taxpayers play the stock market. Buying non-voting stock in a failing company instead of bonds.

    What a blatant crime.

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