Watch breaking news videos and read news updates about CIT Group on FOXBusiness.com.
LATEST VIDEOS
Wallison: TARP's Bad Precedent
11/12/2009|FOX Business
AEI's Peter Wallison breaks down the impact of government involvement.
We break down whether the Oracle of Omaha made the right bet with Burlington Northern.
What CIT's Failure Means for Main Street
11/02/2009|Closing Bell
Gordian Group President Peter Kaufman argues CIT's crash suggests a need for more help on Main Street.
Small Business on CIT Bankruptcy
11/02/2009|FOX Business
Small business owners Nick Vojnovic and Chris Lewis on CIT's impact on small business.
Taxpayers May Lose $2.3B in CIT Bankruptcy
11/02/2009|FOX Business
FBN's Liz MacDonald on CIT Group filing for bankruptcy protection.
Icahn: Lower Taxes to Stimulate Business
10/27/2009|Cavuto
Billionaire investor Carl Icahn on the impact of higher taxes on the American economy.
Signs of Life in Credit Markets
10/19/2009|Web Exclusive
We detail the positive news that is finally breathing life back into credit markets.
CIT Proposes Plan to Cut $6B in Debt
10/19/2009|FOX Business
FBN's Sandra Smith on CIT's plan with bondholders to prevent bankruptcy.
LATEST STORIES
A Tale of Two Bankruptcies: The Bitter End, or A New Beginning?
| FOXBusiness| Markets
just step in and make that up.” As was the case with CIT Group (CITGQ) earlier this month, some bankruptcies make little ..... that entered into Chapter 11 during that time are GM, CIT , Lehman Brothers, Washington Mutual Inc. and IndyMac
Story|11/20/2009
CIT Group Bankruptcy Plan Wins Wide Support
Reuters| Markets
Reuters NEW YORK-- CIT Group Inc ( CIT ) has won overwhelming bondholder support for ..... afternoon trading on the Pink Sheets. The case is In re CIT Group Inc , U.S. Bankruptcy Court, Southern District of New
Story|11/19/2009
Walking with the Lloyd at Goldman Sachs « Emac's Stock Watch
Emac's Stock Watch
taken what some would say directional bets on companies potentially collapsing via credit default swaps, as it did on CIT Group , defending its moves in the process as saying it is merely protecting itself. Famous short seller David Einhorn has
Blog|11/10/2009
Monday Morning Quarterbacking the Financial Crisis
| FOXBusiness| Markets
financial crisis can be just as fun. While the ramifications behind the government’s decision last week not to save CIT Group won’t be known for months, or years, it’s clear some of the government’s decisions a year ago helped prevent
Story|11/06/2009
Court Date For CIT's Reorganization Set For Dec. 8
| MarketWatch Pulse| Markets
MarketWatch Pulse SAN FRANCISCO -- CIT Group Inc . said late Tuesday that the U.S ..... York will hold a hearing to consider CIT 's restructuring plan on Dec. 8, 2009. The court has already approved CIT 's motions to continue operating its
Story|11/03/2009
Stocks Land on Green After Roller Coaster Day
| FOXBusiness| Markets
compared to the September reading of 52.6. A reading above 50 indicates expansion. Shares of commercial lender CIT Group ( CIT ) plunged by nearly half early Monday after the struggling firm filed for Chapter 11 bankruptcy on Sunday. The bankruptcy
Story|11/02/2009
POST 7. Oasis of the seas, el crucero más grande4 « The Brian Sullivan Blog
The Brian Sullivan Blog
Ramsey Show America's Nightly Scoreboard FOXBusiness.com LIVE My Money The Brian Sullivan Blog « Monday Stories: CIT Bankruptcy ; Pelosi's Push; Monster Cruise Ship Print SHARE THIS No comments November 2, 2009 06:42 AM EST by Brian Sullivan
Blog|11/02/2009
Goldman Trumps Government Again In CIT Flop « Emac's Stock Watch
Emac's Stock Watch
Trumps Government Again In CIT Flop CIT Group Inc . filed for bankruptcy Sunday afternoon ..... the single biggest loss for TARP. CIT is the fifth-largest bankruptcy ..... market shut down on the 101-year old CIT Group in the early summer of 2008, it was
Blog|11/02/2009
Monday Stories: CIT Bankruptcy; Pelosi’s Push; Monster Cruise Ship « The Brian Sullivan Blog
The Brian Sullivan Blog
Dollar Policy? » Print SHARE THIS No comments November 2, 2009 06:40 AM EST by Brian Sullivan Monday Stories: CIT Bankruptcy ; Pelosi's Push; Monster Cruise Ship POST 7. Oasis of the seas, el crucero más grande4 Stories I'm reading
Blog|11/02/2009
President Endorsing Weaker Dollar Policy? « The Brian Sullivan Blog
The Brian Sullivan Blog
Ramsey Show America's Nightly Scoreboard FOXBusiness.com LIVE My Money The Brian Sullivan Blog « Monday Stories: CIT Bankruptcy ; Pelosi's Push; Monster Cruise Ship Today's Graphic: Pending Home Sales » Print SHARE THIS 2 comments November
Blog|11/02/2009