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ParagonReport.com Complimentary Market Analysis on Fannie Mae (NYSE: FNM), Citigroup Inc. (NYSE: C), CIT Group Inc (NYSE: CIT), and Macy's (NYSE: M)

Note to Editors: The Following Is an Investment Opinion Being Issued by the Paragon Financial Report

HONG KONG -- (Marketwire) -- 08/12/09 -- Paragon is pleased to announce that its latest Market Update release analyzing major events involving:

--  Fannie Mae (NYSE: FNM) is still on track to sell $1.25 trillion worth
    of securities combined with Freddie Mac to the Federal Reserve.
--  Citigroup Inc. (NYSE: C) led financials in advance of the Federal
    Reserve Policy decision due out this afternoon.
--  CIT Group Inc (NYSE: CIT) has bounced back in the markets despite
    asking for an extension in reporting Q2 numbers.
--  Macy's Inc. (NYSE: M) beat analyst expectations and revised UPWARDS
    their earnings forecast for the year.
    

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www.ParagonReport.com is wholly owned by Paragon Financial Ltd. (collectively Paragon). Paragon is not a registered broker dealer or registered investment advisor. However, we do use information from licensed analysts. There exists no financial or other relationship between Paragon and the issuer covered in this release. No information accessed through the Paragon Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Analyst reviews may or may not contain all the information listed above as each opinion and review varies with each company reviewed.

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NYSE:CIT NYSE:FNM NYSE:C NYSE:M

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