CIT Files for Bankruptcy

Courtesy Topix - Business News  Sun, 11/01/2009 - 21:37

After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of mid-sized and small businesses.


 

Related items

CIT files for Chapter 11 bankruptcy protection
Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing to the thousands of mid-sized and small businesses.

CIT files for Chapter 11 bankruptcy protection
Lender CIT Group has filed for Chapter 11 bankruptcy protection, a potential blow to the thousands of small and mid-sized businesses that rely on the company for loans to keep their...

Fed extends consumer lending program through March
The Federal Reserve has extended a program intended to spur lending to consumers and small businesses at lower rates, but the central bank will not expand the types of loans made.

PLANTRONICS VOYAGER 855 VOYAGER 855 BLUETOOTH HEADSET
CONVERTIBLE BLUETOOTH HEADSET FOR VOICE CALLS & STEREO LISTENING DIGITALLY ENHANCED VOICE QUALITY SOUND-ISOLATING FEATURES & MUSIC CONTROLS INCLUDES AC CHARGER STEREO PLUG-IN CABLE EAR LOOP...

HP 12C Platinum Financial Calculator
Ask a serious financial analyst or MBA about the HP 12c and they'll probably tell you they couldn't get where they are without one. For 25 years, the 12c has demonstrated its excellence and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com