I remember a few months ago I was having coffee at the Ottsville coffee house when an older gentleman striked up a conversation with me. We talked about David and mine transformation, and how fortunate we were to have realized the important things in life. He had just read an article on CIT, and how bad it will be for the economy when it falls. I agreed with him that we have not seen the worst of it yet. Here we are, CIT has filed for bankruptcy, not only do they provide lending for some major retailers, they also provided funds for small businesses. As we go into another Holiday Season, it will be interesting to see if people finally start to realize the true meaning of the Holiday Season!
http://dealbook.blogs.nytimes.com/2009/11/01/cit-to-file-for-bankruptcy-soon/?emc=na
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