Too big to fail fails and big government and us pay…

CIT going to bankruptcy court folks and the big money line we the taxpayer need to pay attention to is the following: CIT’s move will wipe out current holders of its common and preferred stock. That means the U.S. government will likely lose the $2.3 billion it sunk into CIT last year in return for preferred…

IN2 3 TOONS I LIKED RECENTLY

Saw this one in the online version of the Economist. It is very strong in it’s symbolism and this is a story that should have some legs this week. I think no matter your party affiliation you can run with this one a bit. I think that’s why I like it really. To me either…