Is medium-sized CIT worth saving?

Courtesy Marketplace  Wed, 07/15/2009 - 10:40

Things have gotten worse for CIT, one of the country's largest lenders to small and mid-sized businesses. Some customers are drawing down their credit lines, and the governments is trying to figure out if CIT is too big to fail.

Jeremy Hobson reports.


 

Related items

Key financial reform gets push back
The Volcker Rule aims to prevent banks from betting their own money. Banks and foreign governments say could hurt markets more than it helps.

Big Banks Easing Terms on Loans Deemed as Risks
Two of the nation’s biggest lenders are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk.

Bucks: Angry Homeowners 'Foreclose' on Lenders
Angry homeowners are "foreclosing" on their banks.

CCENT/CCNA ICND1 Official Exam Certification Guide,...
CCENT/CCNA ICND1 Official Exam Certification Guide Second Edition   Master ICND1 640-822 exam topics with the official study guide Assess your knowledge with chapter-opening quizzes Review...

The Unwritten Rules of the Highly Effective Job...
The Proven Program Used by 600,000 Job Hunters! You put hours and hours of hard work into your job search and the companies you've contacted never call. It's a story all too common in the...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com