The Chapter 11 bankruptcy filing for CIT Group was not unexpected. The lender to thousands of small and mid-sized businesses has been struggling for months to avoid collapse. (Nov. 2) ... "cit group" cit group files chapter 11 protection
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Gordian Group’s Peter Kaufman says its unclear if regulators will approve CIT Group Inc.'s (NYSE:CIT) prepackaged bankruptcy reorganization plan, which includes transferring its core businesses to CIT bank. Without the FDIC approval of the transfers, CIT could fall into liquidation, as CIT presi...
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CIT is the nation’s largest lender to small businesses and companies such as Dunkin' Donuts and Dairy Queen. CIT received $2.3 billion in bailout funds but may file bankruptcy. Nancy Cordes reports. ... Evening CIT Bankrupt Chapter 11 Finance Economy
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CIT Group Capital Was All Talk; Regulator’s Capital Standards in Question (Bloomberg News) ... NYSE:CIT Law Legal Issues Personal Finance Business Economy Banking Government Politics Careers Occupation Financial Services Editors Pick
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CIT Reporting $10 Billion in Debt Coming Due Through 2010 (Bloomberg News) ... NYSE:CIT Law Legal Issues Personal Finance Business Economy Banking Government Politics Careers Occupation Financial Services Editors Pick
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CIT probably won’t get a government bailout. It is possible for the company to declare bankruptcy. (Bloomberg News) ... NYSE:CIT Business Economy Banking Government Politics Municipality
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