Entries tagged "CIT Group"

CIT files for bankruptcy

CIT Group files for bankruptcy, one of the biggest Chapter 11 filings in U.S. history.

AIG, others TARP scofflaws

The number of TARP recipients choosing to skip out on dividend payments ballooned in the third quarter to 34 from 19 in the second quarter.

Could J.P. Morgan acquire CIT's assets?

Competitors such as J.P. Morgan may already be eying CIT Group's assets.

The middle market and the lessons of CIT

Short of a miracle, CIT Group seems headed for bankruptcy, a case apparently of too-small-to-save.

J.P. Morgan's Dimon on CIT bankruptcy

J.P. Morgan Chase's Jamie Dimon says his firm won't take much of a hit if and when CIT Group files for bankruptcy.

Should CIT bondholders run for it?

CreditSights recommends that bondholders flee while they still can.

Bank Watch: CIT and Fifth Third are up while Citi sinks

Stocks wavered earlier Thursday. The Dow fell 39.75 points to 8,242.91, the S&P 500 was down 2.25 points at 850.05, and the Nasdaq was down 18.22 points at 1,480.99. Banks stocks were also mixed as the head of the Senate Banking Committee, Sen. Christopher Dodd, encouraged banks involved in the $700 billion federal bailout to start lending to consumers and businesses....

GATX bids to hitch GE Rail Services to fleet

GATX Corp. reportedly is offering between $3 billion and $3.5 billion for General Electric Co.'s railcar leasing business, according to various media reports. ...

Middle Market: Enter at your own risk

Middle-market waters may not be as pleasant as originally thought.

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