The Worst Bailout Offenders: Companies Most Likely To Lose Taxpayers

The Companies That Are Least Likely To Rrepay TARP

When CIT Group, a medium-sized lender, faced the threat of bankruptcy recently, it raised an uncomfortable prospect for the officials in Washington managing the bailout of the financial system. CIT got $2.3 billion in bailout funds last year--yet it was still failing. And the government decided not to offer any more help. So if CIT declared bankruptcy, taxpayers would be out their $2.3 billion.

Popular in the Community

Close

What's Hot