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Trading > Bailoutsleuth

CIT Enters Prepackaged Bankruptcy

Bailoutsleuth | Mon, 11/02/2009 - 5:03pm | Add a comment

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CIT Group Inc. filed for bankruptcy protection over the weekend, a move that will likely save the company but also result in a multi-billion dollar loss for taxpayers. After months of negotiations with creditors and federal regulators, the business-financing giant announced it had submitted a C
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Trading > Bailoutsleuth

CIT Enters Prepackaged Bankruptcy

Bailoutsleuth | Mon, 11/02/2009 - 5:03pm | Add a comment

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