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.
corporate bankruptciesCIT Files for Bankruptcy - Among Largest Corporate FailuresDigg - 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. |