JetCreek Venture serves the recapitalization needs of distressed firms. Our portfolio includes several banks and insurance firms including: American Insurance Group (AIG), Citibank (C), CIT Bank (CIT), Freddy Mac (FRE), and Fanny May (FNM). Of note is our ongoing committment to establishing an exclusive sterilization service for the Twin Cities' medtech and biobusiness industries.
JetCreek Radar: CIT Bank
After a long lull, interest in CIT is bound to be enormus over the next few days.
Thursday, August 27, 2009
Thinking About CIT
It is 1:55am in Minneapolis. My eyes are tired as I write this first entry. Later today, I'll know if CIT managed to hold onto its rather substantial gains of yesterday. At best, I'd like to BE. At most, I'd love to turn a profit on this investment. My portfolio consists of a 45% share in CIT.
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