Non-Member


Monday, November 2, 2009

CIT Group Files Bankruptcy, Seeks to Reduce Debt

CIT Group Files Bankruptcy, Seeks to Reduce Debt


Snippet of Article: "... The failure of CIT’s bank-holding company is the biggest measured by assets since regulators seized Washington Mutual Inc.’s banking unit in September 2008. Washington Mutual and IndyMac Bancorp Inc. are other banks with unmanageable debt..."


Reference: www.bloomberg.com

No comments:

Post a Comment