CIT Group Files for Bankruptcy
Market News Video
Nov. 02, 2009. 11:20 AM EST
Struggling lender CIT Group (CIT) filed for bankruptcy Sunday after months of trying to stay aflo... More »
Struggling lender CIT Group (CIT) filed for bankruptcy Sunday after months of trying to stay afloat. The company simply could not fund its operations as the value of its loans plummeted. « Less
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