CIT says bankruptcy filing still a possibility

CIT still might face bankruptcy after debt swap
Struggling lender CIT Group Inc. warned Monday that it might still have to file for bankruptcy protection even if it completes a revised debt restructuring plan.

CIT takes steps to avoid bankruptcy
Commercial lender CIT Group Inc., which is trying to avoid filing for bankruptcy protection, said Friday that it is suspending preferred dividend payments.

CIT Group amends terms of debt buyback offer
Small business lender CIT Group Inc. says it's amending the terms of a tender offer for its notes but warns it may have to seek bankruptcy protection if enough bondholders don't agree to the...

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