Remove this ad
avatar

Heart With 2 Wings

Posts: 10,225

News Editor/ Moderator

Lead

Jul 3 08 2:38 PM

Tags : :



NEW YORK (CNNMoney.com) -- If it's not bolted down, you can bet that troubled financial firms are thinking of putting a price tag on it.

There has been plenty of talk lately about how the nation's largest banks and securities firms are looking to shed some of their assets.

Earlier this week, specialty finance firm CIT Group (CIT, Fortune 500) announced plans to sell its home lending business to the Dallas buyout shop Lone Star Funds for $1.5 billion and $4.4 billion in assumed debt.

And there has been plenty of speculation about

"I am the vine, you are the branches. He who abides in Me, and I in him, bears much fruit; for without Me you can do nothing." ~~John 15:5~~

Quote    Reply   
Remove this ad
Remove this ad
avatar

bachguy

Posts: 1,476 Creative Genius

#1 [url]

Jul 3 08 8:02 PM

Financially speaking, we're witnessing one of those time periods that people will be talking about 20 years from now.

And you shall take possession of the land and settle in it, for I have given the land to you to possess it.
ESV Numbers 33:53

Quote    Reply   
Add Reply

Quick Reply

bbcode help