Archive for July 21st, 2009

Credit Market Overview
July 21, 2009
Decried by some as “too small to save” instead of the usual “too big to fail” CIT went into the weekend with prospects that even the “green shootists” would have to call bleak.  A $0.41 stock price and a CDS level of 6430bps are not the things hope is born from.
Jeffrey… »