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.
Advertisement
- TaosJohn .. Interesting. Yet today when it seems likely that this stinking bill will pass,...
- Chris Lane .. “Arctic sea-ice loss is accelerating beyond the worst case scenarios of model...
- Gary .. That’s a very thoughtful response so let try to be the same as devil’s...
- pgb .. Enough with Madoff already. I saw there’s now a Madoff coloring book on Amazon.
- RW .. I’m pretty sure Lawmakers knew China has been manipulating currency for a while. Just...
- jj .. Before the Great Depression foreign trade was 6 percent of GDP. It fell to 2 percent of...
- editor .. I couldn’t agree more with that characterization.
- WilliamPGH .. If they are going to go after someone how tried to siphon a few million, why are...





