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7 Aug 2009, 9:48 am
The CIT Group, the highly troubled lender, said on Friday that it would suspend dividend payments for its preferred stock, and that it has satisfied the amended requirements for a debt exchange linked to $3 billion in rescue financing it received last month. [read post]
24 Jul 2009, 4:24 am
CIT Group, the commercial lender seeking to avoid collapse, might sell its aviation finance and rail finance operations, according to reports. [read post]
23 Jul 2009, 5:05 am
Advisers to bondholders that rescued CIT Group with a $3 billion loan believe creditors should push the company into bankruptcy next month after a debt swap, a person familiar with the matter told Bloomberg News. [read post]
21 Jul 2009, 2:53 am
After four days of tense negotiations, the CIT Group announced that it has found investors willing to throw the troubled lender a financial lifeline. [read post]
20 Jul 2009, 12:39 pm
As the market waits for the CIT Group to formally announce its lifeline from a group of some of its biggest bondholders, DealBook has learned several more details about the plan. [read post]
19 Jul 2009, 4:24 pm
The CIT Group, one of the nation's leading lenders to small and midsize businesses across the country, was close to a deal Sunday afternoon with some of its major bondholders to help it avert a bankruptcy filing through a $3 billion emergency loan, people briefed on the matter told Dealbook. [read post]
19 Jul 2009, 9:44 am
• Government officials rejected CIT Group's request for federal assistance forcing the company to consider bankruptcy. [read post]
17 Jul 2009, 5:39 pm
By the close of business on Friday, the CIT Group remained locked in talks with private investors over a potential lifeline as it sought to stave off a bankruptcy filing. [read post]
17 Jul 2009, 7:28 am
Cit Group, a lender to small and medium businesses, a major factor, asked for and was refused TARP funds this week. [read post]
14 Jul 2009, 5:15 am
A debate is swirling in Washington over whether CIT Group, one of the nation's biggest lenders to small businesses, is large enough -- or important enough -- to save. [read post]
13 Jul 2009, 10:48 am
Internal documents suggest the struggling lender could be on the verge of declaring bankruptcy. [read post]
13 Jul 2009, 7:35 am
Though it’s been awhile since we last footnoted CIT Group (CIT), given the news over the past few days, it seemed like a good idea to take a closer look at their filings. [read post]
13 Jul 2009, 3:09 am
CIT Group, the struggling U.S. commercial lender, said it remained in active discussions with regulators on measures to improve its near-term liquidity position. [read post]
11 Jul 2009, 7:03 pm
Group dynamics at work. 9. [read post]
26 Jun 2009, 11:22 pm
L'invention aurait, pour la première fois, trouvé des composés qui sont capables d'activer la guanylate cyclase soluble indépendamment du groupe hémo de l'enzyme, par le moyen d'un nouveau mécanisme d'action. [read post]
6 May 2009, 1:11 am
"From 1984 to 1994, Lefkowitz was President of Cit-Equity Group, Inc. [read post]
26 Mar 2009, 10:51 am
[Cit.] [read post]
17 Mar 2009, 4:48 am
Pursuant to the express terms of its lease agreement with Mystic, CIT was not responsible for the maintenance, operation, repair, or control of the trailer.In granting CIT's unopposed motion for summary judgment, Suffolk County Supreme Court Justice Ralph Gazzillo held:The language of the Graves Amendment covers the lease by Mystic of the CIT trailer. [read post]
10 Feb 2009, 6:56 am
The court found that based on prior case law in the Sixth Circuit, International Logistics Group, Ltd. v. [read post]
24 Dec 2008, 6:26 pm
American Express and CIT Group were never considered banks before. [read post]
