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I have not looked into it, but earlier this year prior to the present rate of delinquency, their problem was that their cost of funds were higher than the rate of interest they charged.
Same with Sallie Mae. I think CIT' cost of funds was well over 10% not sure Rating :
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Did you see how much the American taxpayer is going to ...
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pjglagrone |
 
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2-Nov-09 09:05 am | ||
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p.s. I think that TG and HP have so ruined BA...
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bondgal@roc... |
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2-Nov-09 11:18 am | ||
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pjg, nice to see you post again. As long as this f...
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fbsbgillie | (2 Ratings) | 2-Nov-09 07:37 pm | ||
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So Gillie, rumor has it that the government m...
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paybackiab | (2 Ratings) | 2-Nov-09 11:09 pm | ||
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Payback, I really don't have any idea. I...
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fbsbgillie | (2 Ratings) | 3-Nov-09 01:17 pm | ||
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Re: Cit Bankruptcy
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mr.schnider | (1 Rating) | 4-Nov-09 08:03 pm | ||
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I think that it is safe to say that one must facto...
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alstanap | Rate it | 5-Nov-09 03:14 pm |
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