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Could CIT still face bankruptcy?

September 17, 2009 – 1:55 pm – No Comment
Could CIT still face bankruptcy?

CIT Group Inc. said that it might still have to file for bankruptcy protection if there isn’t a strong presence of bondholders to participate in a debt exchange that was recently introduced.
CIT is a commercial lender, that is one of the country’s largest lenders to …

CIT may still file for bankruptcy protection

July 22, 2009 – 8:34 am – No Comment
CIT may still file for bankruptcy protection

CIT Group Inc. said yesterday that it might still have to file for bankruptcy protection if there isn’t a strong presence of bondholders to participate in a debt exchange that was recently introduced.
CIT is a commercial lender, that is one of the country’s largest lenders …