BUSINESS
08/29/2009 05:12 am ET Updated May 25, 2011

The Worst Bailout Offenders: Companies Most Likely To Lose Taxpayers

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.

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