CIT Gets $3 Billion Rescue Loan To Prevent Bankruptcy
NEW YORK — Commercial lender CIT Group Inc. confirmed late Monday that it has secured a $3 billion bailout from its bondholders, averting an imm...
NEW YORK — Commercial lender CIT Group Inc. confirmed late Monday that it has secured a $3 billion bailout from its bondholders, averting an imm...
AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 08.19.2009 | Business