Government will not give lender CIT 2nd bailout

CIT’s bailout denial raises bankruptcy threat
CIT Group Inc.’s inability to get emergency government funding raises expectations that the commercial lender will file for bankruptcy.

CIT Group adopts tax plan, signs deal with NY Fed
CIT Group Inc. and the Federal Reserve announced Thursday an agreement which gives the central bank greater oversight of the troubled commercial lender.

Ahead of the Bell: CIT Group
Shares of CIT Group Inc. plummeted nearly 20 percent in premarket trading Tuesday, as the commercial lender delayed filing its quarterly report because of ongoing restructuring efforts as it...

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