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post by
FuckIsMySignature
at 2009-07-16 15:55:34
Unfortunately this bank actually needed it.
"The company's collapse would certainly ripple through thousands of small and medium businesses that rely on CIT for trade financing and lending," Gail Dudack, chief investment strategist at Dudack Research Group, told clients.
"This raises the risk of more bankruptcies and more unemployment and would be a significant negative for an already fragile economy," she said.
http://www.reuters.com/article/ousiv/idUSTRE56F55P20090716
I am now thoroughly convinced our goverment is trying its hardest to collapse the economy. This is the last article I will post about this because most of you either dont give a shit or are apathetic to the situation. Frankly, I dont blame you.
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