The Deal
Sunday, November 22, 
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Entries tagged "CIT"

Gordian Group's Kaufman on CIT's reorganization

Gordian Group's Peter Kaufman says its unclear if regulators will approve CIT Group's prepackaged bankruptcy reorganization plan, which includes transferring its core businesses to CIT Bank.


Oppenheimer's Heinberg on a CIT Group bankruptcy

A CIT Group Inc. (NYSE:CIT) bankruptcy would have an impact on middle market lending says Marshall Heinberg, the head of investment banking at Oppenheimer & Co.


Roll Call: Big profits for CIT's saviors

A look at some of the must-read news for Wednesday.


Deal Stocks: C, BAC, CIT, GE, IBM, GOOG, MS

The Dow gained 32.12 points, or 0.37%, to 8,743.9, while the Nasdaq inched up 1.58 points, or 0.08%, to 1,886.61.


CIT crisis may put NHL on thin ice

A possible CIT bankruptcy would have a devastating impact on the National Hockey League.


Deal Stocks: GOOG, JPM, CIT, HOG, NOK, BAC

The markets finished in the green with the Dow closing up 95.61, or 1.11%, to 8,711.82 while the Nasdaq advanced 22.13, or 1.19%, to 1,885.03.


Deal Stocks: ABT, CIT, GS, AIG

The Dow finished up 256.72 to 8,616.21 while the Nasdaq closed up 63.17 to 1,862.90.


Goldman, J.P. Morgan and Wall St.'s original sin

How did we produce the kind of large, conflicted, high-pay firm that was a prime actor in the recent debacle? What is the origin of Wall Street's sin?


Markets flatline as Goldman rolls in the cash

The Dow finished up 27.81, or 0.33%, to 8,359.49, while the Nasdaq closed up 6.52, or 0.36%, to 1,799.73.


CIT shares rise as talks intensify

Shares of CIT Group are rising as media reports say the company is in more advanced talks with regulators about guaranteeing its bonds before $1 billion in debt come due.


Deal Stocks: Logic and fundamentals have been thrown out the window

Has everyone gone mad on Wall Street? Have fundamentals and logic been tossed aside in lieu of panic and fear driven trading? It at least appeared so Friday with a handful of Deal Stocks. ...


Scrutiny sought of latest appeal to Treasury

The Treasury should weigh carefully whether to expand its $700 billion rescue package to include nonbank lenders like GE Capital or CIT Group Inc., say commercial bankers. These types of lenders have asked Treasury to consider capital investments along the lines already in the works for banks and insurers. Nonbank commercial lenders do not collect deposits but do compete with banks for corporate borrowers. ...



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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