CIT's Bankruptcy May Help Bondholders and Erase Taxpayer Stake![]() Business Cal - 22 days ago - bloomberg.com CIT Group Inc.'s decision to seek court protection probably will keep money flowing to bondholders and 1 million customers of the 101-year-old commercial lender. Shareholders and taxpayers won't be as fortunate.
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| Cal Mendelsohn | ||||
![]() Cal M. |
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