CIT Bankruptcy Filed: US Will Likely Lose $2.3 Billion, Goldman Sachs Will Gain $1 Billion
Read More:
Short-Term Finance,
Retailers,
Geithner,
Timothy Geithner,
Goldman Sachs,
Lending,
Retail,
CIT Bailout,
Tim Geithner,
Carl Ichan,
Bailout,
Finance,
Lenders,
Treasury,
Cit,
Banks,
Wall Street,
Ichan,
Business News
WASHINGTON -- Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing...
AP / Huffington Post | By STEPHEN MANNING | Posted 05.25.2011