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July 20, 2009

Even With Potential Rescue Deal, CIT Not Out Of The Woods - CNNMoney.com

Filed under: Bridging Finance — Denis Green @ 5:11 pm

Globe and Mail
Even With Potential Rescue Deal, CIT Not Out Of The Woods
CNNMoney.com
BOSTON -(Dow Jones)- CIT Group Inc. (CIT) appears to have avoided bankruptcy court for now, but the struggling lender isn't out of the woods yet. Analysts say the company's yet-to-be-announced, last-minute
CIT Rescue Boosts Stocks SlightlyForbes
CIT May Get $3 Billion Rescue From BondholdersBloomberg
CIT Rescue Is Stop-Gap MeasureWall Street Journal
MarketWatch -Washington Post -Newsweek
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