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Commercial Lending

Icahn Loans CIT $1 Billion, Backs Restructuring Plan

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company's rest...

Banking Regulation Needs to Confront Real Risks Presented by Financial Derivatives

David Paul | Posted 05.25.2011 | Politics
David Paul

Our banking system is structurally flawed, and the changes instigated by the passage of the Financial Services Modernization Act of 1999 should be fundamentally reconsidered.

Investment Banking, Lending Split: BofA Lewis Suggests

Bloomberg | Hans Nichols and Christine Harper | Posted 05.25.2011 | Business

March 27 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis said today the U.S. should consider separating commercial lenders ...