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L-Pink · 11-01-2009, 06:13 PM

CIT Group files for chapter 11. Major lender for small and mid-size businesses.

Analysts warned that the bankruptcy could add to the uncertainty around loans for the nation's small businesses, especially retailers, which make up a significant portion of CIT's clients and are already struggling with tight credit markets.

http://finance.yahoo.com/news/CIT-fi...sset= &ccode=

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11-01-2009, 06:13 PM
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Another major US bankruptcy! CIT Group files for chapter 11. Major lender for small and mid-size businesses. Analysts warned that the bankruptcy could add to the uncertainty around loans for the nation's small businesses, especially retailers, which make up a significant portion of CIT's clients and are already struggling with tight credit markets. http://finance.yahoo.com/news/CIT-fi...sset= &ccode= .