By editor|Jul 8, 2009, 10:27 PM 

CIT, one of the largest finance companies in the US, is pressing regulators to end a six-month wait and allow it to issue government-backed bonds in an effort to allay mounting concerns over its financial health. CIT is the only major financial group that received bail-out funds which has not been given the go-ahead to issue debt guaranteed by the FDIC.

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