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Jul 15, 2009
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vince, sameer, thanks for that discussion. are the bulls back in tech?? we're going to take a look next. we've got some more indications as two more heavyweights get set to report their quarterly results.s. that's tomorrow. we'll preview google and ibm's numbers. should you be getting in ahead of these numbers and investing in tech? back in a moment. could someone toss me an eleven sixteenths wrench over here? here you go. eleven sixteenths... (announcer) from designing some of the world's cleanest and most fuel-efficient jet engines... to building more wind turbines than anyone in the country... the people of ge are working together... creating innovation today for america's tomorrow. thanks! no problem! with annuities from fidelity. turn your savings into income -- guaranteed, and get a retirement "paycheck" for life -- guaranteed. call... to get started, and learn how to secure retirement income that won't go down -- guaranteed. call fidelity at... for details about guaranteed income for life, and change the way you think about your retirement savings.
vince, sameer, thanks for that discussion. are the bulls back in tech?? we're going to take a look next. we've got some more indications as two more heavyweights get set to report their quarterly results.s. that's tomorrow. we'll preview google and ibm's numbers. should you be getting in ahead of these numbers and investing in tech? back in a moment. could someone toss me an eleven sixteenths wrench over here? here you go. eleven sixteenths... (announcer) from designing some of the world's...
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Jul 14, 2009
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sameer gokhale of keef bruyette and woo, which provides invesent banking services to t, says these are the sinesses that will suffer most if the lender gs under. >> if cit goes bankrupt you ve a lot of retailers that wi face financial cllenges. you'll have a t of small businees facing challenges. and, you know, some pele have argued you knoif cit goes unde they go bankrupt they'll be lger banks that will come in to fill the void. and i thk that could be rtially true. but cit has been arod for a hured years and traditionally larger banks have gone aer larger fish. >> reporte cit is the north ameran leader in factoring and small business administratn loans. it ithe sole or main provider of revolving les of credit to hundre of manufacturers and hundds of thousands of retails who need between 10 and 50 million dollars trun their busine. but with theecession many of ose borrowers have been hit rd and cit has seen many of its loans go bad. sie becoming a bank holding company last december, cit h received fds through the tarp program. but the federal posit insurance mmission is concned about
sameer gokhale of keef bruyette and woo, which provides invesent banking services to t, says these are the sinesses that will suffer most if the lender gs under. >> if cit goes bankrupt you ve a lot of retailers that wi face financial cllenges. you'll have a t of small businees facing challenges. and, you know, some pele have argued you knoif cit goes unde they go bankrupt they'll be lger banks that will come in to fill the void. and i thk that could be rtially true. but cit has been arod...
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Jul 13, 2009
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sameer gokhale of keefe, bruyette and woodswhich provides investmt banking services to ci says these are the bunesses that will suffer most if the lender goeunder. if cit goes bankrupt you ha a lot of retailers that will face financial chaenges. you'll have a loof small business facing challenges. and, you know, some peop have argued you know cit goes under,hey go bankrupt they'll be larr banks that will come in to fill the void. and i thinthat could be paially true. but cit has been arounfor a hundd years and traditionally larger banks have gone aft larger fish. >> reporter:it is the north americ leader in factoring and small business adminisation loans. it is e sole or main provider of revolving lin of credit to hundredsf manufacturers and hundre of thousands of retailerwho need between 10 and 50 million dollars to n their business but with the ression many of the borrowers have been t hard and cit has seen manyf its loans go b. since becoming a bank holdin company last december, c has receiv funds through the tarp program. but the fedel deposit insurae commission is ncerned about
sameer gokhale of keefe, bruyette and woodswhich provides investmt banking services to ci says these are the bunesses that will suffer most if the lender goeunder. if cit goes bankrupt you ha a lot of retailers that will face financial chaenges. you'll have a loof small business facing challenges. and, you know, some peop have argued you know cit goes under,hey go bankrupt they'll be larr banks that will come in to fill the void. and i thinthat could be paially true. but cit has been arounfor a...
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Jul 13, 2009
07/09
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sameer gokhale of keefe, bruyette and woods, which provides investment banking services to cit, says these are the businesses that will suffer most if the lender goes under. >> if cit goes bankrupt you have a lot of retailers that will face financial challenges. you'll have a lot of small businesses facing challenges. and, you know, some people have argued you know if cit goes under, they go bankrupt they'll be larger banks that will come in to fill the void. and i think that could be partially true. but cit has been around for a hundred years and traditionally larger banks have gone after larger fish. >> reporter: cit is the north american leader in factoring and small business administration loans. it is the sole or main provider of revolving lines of credit to hundreds of manufacturers and hundreds of thousands of retailers who need between 10 and 50 million dollars to run their business. but with the recession many of those borrowers have been hit hard and cit has seen many of its loans go bad. since becoming a bank holding company last december, cit has received funds through th
sameer gokhale of keefe, bruyette and woods, which provides investment banking services to cit, says these are the businesses that will suffer most if the lender goes under. >> if cit goes bankrupt you have a lot of retailers that will face financial challenges. you'll have a lot of small businesses facing challenges. and, you know, some people have argued you know if cit goes under, they go bankrupt they'll be larger banks that will come in to fill the void. and i think that could be...