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01
Nov 2009
21:16
tags
Biz
:
Holy CIT! A massive lender files an equally massive bankruptcy
$
71 billion
the amount in assets
CIT Group had when it filed today; it’s the fifth-largest bankruptcy in U.S. history
source
Posted by Ernie Smith •
0 Comments
•
Permalink
bankruptcy
CIT group
debt
fifth-largest bankruptcy
lender
small businesses
20
Jul 2009
11:40
tags
Biz
:
CIT Group may get that bailout they were looking for
$
3
billion in funds
from investors to rescue the small-biz lender
source
Posted by Ernie Smith •
0 Comments
•
Permalink
bailout
bankruptcy
CIT group
lender
money
prevented
small business
16
Jul 2009
12:26
tags
Biz
:
In case you have any spare change … CIT Group could use it
$
2
billion is needed in
24 hours or they’re going bankrupt, kids
source
Posted by Ernie Smith •
0 Comments
•
Permalink
bankruptcy
CIT group
embattled
lender
money
need
staying alive
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