CIT Fallout:

MOPE (management of perspective economics) is flying in the form that many participants in lending short term, factoring, etc are prepared to step in and fill the gap for small businesses that the collapse of CIT will cause.

F-TV has more talking heads talking about filling in the CIT gap than Money Bunnies to interview them and carefully guide their words.

Do you really believe that any of these eager gap filling business people have the funds available for lower credit small businesses or factoring an inventory of sneakers?

Do you really believe, as F-TV would have you believe, the CIT gap fillers are the Bank Espiritu Mother Theresa?

1. The CIT gap fillers will not fill the gap.
2. The cost of funds the CIT gap fillers make available will make these Beelzebub lenders look, cost of money-wise, like the Mafia money on the street or any Bankster’s idea of Christmas.

The bailed out Banksters and Wall Street gang are dreaming of lemon drop candy sticks and a flat yield curve.