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01 Nov 2009 21:16

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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
  • $64.9 billion the amount in debts the lender, which focuses on small businesses, has; it’s trying to cut $10 billion in debt source
Posted by Ernie Smith • 0 Comments • Permalink

20 Jul 2009 11:40

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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

16 Jul 2009 12:26

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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
 
 
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