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CIT GROUP INC.

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 rises from the ashesmore

into the small business lending game. (CNNMoney.com) -- After a 38-day trip through bankruptcy, small business lender...

CORRECT: CIT Shares Rise After Lender Emerges From Bankruptcymore

and in its first paragraph. The correct story follows.) By Aparajita Saha-Bubna Of DOW JONES NEWSWIRES Shares of CIT...

US Treasury extends Tarpmore

of the $364bn in Tarp funds extended this year. Some of the losses come from the failure of CIT Group, a lender that...

CIT Group shares rise after exiting bankruptcymore

BOSTON (MarketWatch) -- Shares of CIT Group Inc. rose 10% in morning action Thursday on the first day of trading after...

CIT shares rise as company emerges from bankruptcymore

NEW YORK (Reuters) - CIT Group Inc's new shares rose as much as 6 percent from opening levels in their debut on the New...

Judge clears CIT plan to exit bankruptcymore

U.S. small business lender CIT Group Inc. yesterday won approval from a New York bankruptcy judge for its prepackaged...

CIT = Shareholder Death?more

Stephen Noftall admits that putting a sizable slug of his retirement nest egg into 70,000 shares of CIT Group wasn't...

CIT Group seeks judge's OK on bankruptcy exit planmore

2009 Mon, Nov 23 2009 Mon, Nov 23 2009 NEW YORK (Reuters) - U.S. small business lender CIT Group Inc headed to court on...

The unstoppable Fung Brothersmore

small importers, whose credit was cut off during the global financial meltdown. In the wake of commercial lender CIT...

U.S. bankruptcies dip may hit 1.5 million in '09more

down from October's 7,998 and below the 7,464 monthly average for 2009. Consumer finance company CIT Group Inc's...

BANKRUPTCY WEEK AHEAD: CIT To Seek Court's OK On Exit Planmore

On Tuesday, CIT Group Inc. (CITGQ) will ask the New York bankruptcy court to sign off on its prepackaged Chapter 11...

Deal Economy 2010: Pepper Hamilton's Epstein on CITmore

CIT Group Inc.'s bankruptcy left many wondering about its impact on middle-market lending. James Epstein, a partner...

Business news in briefmore

suitors but said Saab was in close contact with more than one. - AP CIT files amended plan CIT Group Inc.

CIT wins final OK to tap DIPmore

CIT Group Inc. has won bankruptcy court approval to access a $500 million postpetition letters of credit facility from...

City Diaries: Your comments 25 Novmore

mere mortals. Peter Thompson, Sevenoaks I think we need more clarity on the "too big to fail" argument.

Judge Allows CIT to Borrow Up to $500 Millionmore

The CIT Group, a leading commercial lender, won bankruptcy court approval on Monday to borrow as much as $500 million...

$10 billion vanishes in Main Street loansmore

to shore up their balance sheets and reduce their exposure to risky loans. Two key small business lenders, CIT Group...

Regulators shut small Florida bankmore

National Bank and United Commercial Bank both were seized by the FDIC this month, and big commercial lender CIT Group...

UPDATE: CIT Group Default Swaps Worth More Than Expectedmore

NEW YORK (Dow Jones)--The worth of Credit default swaps insuring the bonds of commercial lender CIT Group Inc.

UPDATE 1-CIT Group CDS settle at 68.12 pct in auctionmore

(Adds details, background) NEW YORK, Nov 20 (Reuters) - Sellers of protection on CIT Group Inc's (CITGQ.

UPDATE 2-CIT Group bankruptcy plan wins wide supportmore

year * Shares of CIT fall (Adds comment, bylines, updated share price) NEW YORK, Nov 19 (Reuters) - CIT Group Inc...

CIT Group says bankruptcy plan wins wide supportmore

CIT hopes to emerge from bankruptcy this year * Shares of CIT little changed NEW YORK (Reuters) - CIT Group Inc on...

New York Landmark Burns Its Investorsmore

said. Losses are expected to be suffered by Credit Suisse Group, a fund managed by BlackRock Inc. and CIT Group Inc.

Readers React: 'What's another $5.1 billion?'more

and maximize recovery to the taxpayer to the extent possible.' The Nov. 1 bankruptcy filing of commercial lender CIT...

Healthy Banks? Tracking TARP Recipients Hit With Sanctionsmore

fall? But . So far three banks that received TARP funds Pacific Coast National Bancorp, UCBH Holdings Inc.

Top Sources: CIT Group Inc.

  • Reuters
  • BusinessWeek
  • Philadelphia Inquirer
  • hotstocked.com
  • Wall Street Journal Online
  • MarketWatch
  • New York Times
  • thedeal.com
  • TheDeal.com
  • CNN Money

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