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CIT GROUP INC.

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CIT Group, Inc., a leading global commercial and consumer finance company, offers lending, leasing, and advisory services to small and mid-sized businesses, as well as to top companies in the energy, health care, communications, and entertainment industries. CIT has more than $70 billion in managed assets and, in 2008, agreed to become a bank holding company to receive TARP money under the economic stimulus. The company was founded in 1908 and is headquartered in New York.

CIT Group Inc. is part of Business Exchange, suggested by Ginny Moore. This topic contains 332 news and 103 blog items. Read updated news, blogs, and resources about CIT Group Inc.. Find user-submitted articles and reactions on CIT Group Inc. from like-minded professionals.

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CIT Posts Profit in First Post-Bankruptcy Quarter (Update1)more

(Adds debt prepayment in the sixth paragraph.) April 27 (Bloomberg) -- CIT Group Inc., the commercial lender run by...

BusinessWeek. Published on April 27, 2010
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CIT Group Gains After Reorganized Lender Posts Surprise Profitmore

April 27 (Bloomberg) -- CIT Group Inc., the commercial lender run by John A. Thain, rose in New York trading after...

BusinessWeek. Published on April 26, 2010
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ELFA says capex lending data shows "upswing"more

N>, Canon Inc <7751. T> affiliate Canon Financial Services, Caterpillar Inc's Caterpillar Financial Services...

Reuters. Published on April 21, 2010
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CIT’s Bond Comeback Sets Stage for Debt Sale: Credit Marketsmore

April 14 (Bloomberg) -- CIT Group Inc., the commercial lender run by John Thain that emerged from bankruptcy in...

BusinessWeek. Published on April 14, 2010
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The Media Equation: Brian Tierney’s Odd Role Defending Philadelphia Ne...more

had been set for April 27, and Mr. Tierneys lawyers argued that the senior lenders, which include the CIT Group,...

New York Times. Published on April 11, 2010
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Which Celebrity CEO Will Deliver?more

Global Holdings(MF). More on MF Market Activity MF Global Holdings Ltd| MF Bank of America Corporation| BAC CIT Group...

TheStreet.com. Published on March 29, 2010
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CIT, GE Capital add to factoring businessesmore

Credit: Reuters/Brendan McDermid NEW YORK (Reuters) - CIT Group Inc (CIT.N) and GE Capital announced new deals for...

Reuters. Published on March 29, 2010
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Judge sets newspaper auction for 30 days after appeal rulingmore

all auction bids to be made in cash. The senior lenders - who include Angelo, Gordon & Co., CIT Group Inc.

Philadelphia Inquirer. Published on March 18, 2010
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CIT Group Inc.more

The commercial lender, which has hired John Thain to lead the company after bankruptcy, told investors its book value...

Boston Globe. Published on March 18, 2010
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Price tag of TARP bailout: $109 billionmore

banks will actually net the government $7 billion, CBO expects -- even including a $2 billion loss from CIT Group (CIT,...

CNN Money. Published on March 17, 2010
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CIT Net Worth 16% Above Stock as Thain Plots Recovery (Update1)more

(Adds Thain comments on debt structure in the eighth paragraph.) March 17 (Bloomberg) -- CIT Group Inc.

BusinessWeek. Published on March 17, 2010
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Newspaper owner seeks ruling in tape probemore

after company officials made an issue of the taping. The lenders, which include Angelo, Gordon & Co.

Philadelphia Inquirer. Published on March 4, 2010
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End of TALF Spurs CIT, Sallie Mae Bond Sales: Credit Marketsmore

March 3 (Bloomberg) -- CIT Group Inc., the commercial lender that emerged from bankruptcy, and SLM Corp.

BusinessWeek. Published on March 2, 2010
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Commercial Paper Rises, CIT to Sell TALF Bonds: Credit Marketsmore

1.69 percentage points. The gap has fluctuated between 164 basis points and 171 basis points this month. CIT Group Inc.

BusinessWeek. Published on February 26, 2010
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CIT Plans First Bond Sale Since Exiting Bankruptcy (Update1)more

Feb. 25 (Bloomberg) -- CIT Group Inc. plans its first debt offering since emerging from bankruptcy in December.

BusinessWeek. Published on February 25, 2010
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EXCLUSIVE-US business investment continues to dropmore

include Bank of America Corp , Canon Inc's Canon Financial Services, Caterpillar Inc's Caterpillar Financial Services...

CNN Money. Published on February 23, 2010
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Six Flags wins more time for reorganization planmore

Banking giant CIT Group is offered a loan In another sign that CIT Group Inc. is struggling to restructure its debt,...

Miami Herald. Published on February 19, 2010
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The lending crunch: 'It is very hard to survive'more

banks that have completely repaid their bailout funds in June are no longer required to divulge their lending.

CNN Money. Published on February 17, 2010
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Loan balances at TARP banks fell in Dec -Treasurymore

institutions that repay will file data for the month of the repayment and then stop reporting, Treasury said.

Reuters. Published on February 16, 2010
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US Treasury Reports Upturn In Loans By Taxpayer-Aided Banksmore

and home prices continued to stabilize, the Treasury Department noted. The December results don't include data from CIT...

Morningstar.com. Published on February 16, 2010
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UPDATE: Treasury Recognizes $2.3B TARP Loss From CIT Groupmore

Updates to recast second and last paragraphs.) WASHINGTON (Dow Jones)--U.S. taxpayers' $2.3 billion stake in CIT Group...

Wall Street Journal Online. Published on February 10, 2010
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CIT Names Ex-Merrill Chief John Thain to Run Lendermore

John Thain, the ousted chief of Merrill Lynch & Co., was named to lead CIT Group Inc., the commercial lender that...

bloomberg.com. Added to topic by Terence Rose on February 8, 2010
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UPDATE 1-CIT sets John Thain's salary at $6 mln per yearmore

* Will get $500,000 in cash and rest in stock Feb 8 (Reuters) - CIT Group Inc said its new chief executive John Thain...

Reuters UK. Published on February 8, 2010
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Udvar-Hazy, Freed From AIG, Has Shopping Options for New Jetsmore

he stays in the business, he could have an opportunity to build a fleet with planes from AIG, CIT Group Inc.

BusinessWeek. Published on February 4, 2010
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UPDATE:SLM'S Terracciano Resigns From CIT Board, Citing Healthmore

banker who built a reputation on Wall Street as a turnaround specialist, has resigned a board seat at CIT Group Inc.

Morningstar.com. Published on February 4, 2010
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Top Sources: CIT Group Inc.

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  • CNN Money

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