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pam, need your input.
posted on
Nov 02, 09 08:23AM
i cant figure out the CIT/C bankruptcy????
it seems to me that citibank will go on unaffected by the BK of CIT?? how do they justify letting 2+bil of taxpayer money disappear and not hold the parent company responsible?
what am i missing here? i know CIT is C's holding company....so why is C not on the hook?