With $71 billion in assets and nearly $65 billion in liabilities, CIT is among the largest corporate bankruptcies on record, though it is dwarfed by the likes of Lehman Brothers and Washington Mutual.
CIT Files for Bankruptcy - Among Largest Corporate FailuresCourtesy Digg - Business & Finance Mon, 11/02/2009 - 07:30
With $71 billion in assets and nearly $65 billion in liabilities, CIT is among the largest corporate bankruptcies on record, though it is dwarfed by the likes of Lehman Brothers and Washington Mutual. Related itemsDubai World's Debt Not Guaranteed by Government
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