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CIT Group

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

Wallison: TARP's Bad PrecedentAEI's Peter Wallison breaks down the impact of government involvement.

Buffett's $44B Bet

11/03/2009|Web Exclusive

Buffett's $44B BetWe break down whether the Oracle of Omaha made the right bet with Burlington Northern.

Top Bankruptcies of All Time

11/02/2009|Happy Hour on FOX Business

Top Bankruptcies of All TimeEric breaks down the biggest business failures ever.

What CIT's Failure Means for Main Street

11/02/2009|Closing Bell

What CIT's Failure Means for Main StreetGordian 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 on CIT BankruptcySmall business owners Nick Vojnovic and Chris Lewis on CIT's impact on small business.

Midday Market Report 11-02-09

11/02/2009|FOX Business

Midday Market Report 11-02-09CIT Group files for bankruptcy. Meanwhile, Ford drives earnings.

Taxpayers May Lose $2.3B in CIT Bankruptcy

11/02/2009|FOX Business

Taxpayers May Lose $2.3B in CIT BankruptcyFBN's Liz MacDonald on CIT Group filing for bankruptcy protection.

Icahn: Lower Taxes to Stimulate Business

10/27/2009|Cavuto

Icahn: Lower Taxes to Stimulate BusinessBillionaire investor Carl Icahn on the impact of higher taxes on the American economy.

Signs of Life in Credit Markets

10/19/2009|Web Exclusive

Signs of Life in Credit MarketsWe 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

CIT Proposes Plan to Cut $6B in DebtFBN'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?

By By Darryl R. Isherwood| 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

By Matt Egan| 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

By Sue Chang| 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

By Ken Sweet| 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