So after all that drama – the sky falling on small businesses, the need for the government to watch out for deflation, the view that CIT would kick off another round of bank failures – the lenders went and negotiated a capital infusion to buy some breathing space: Directors of the CIT Group, one of [...]
Archive for July 20th, 2009
CIT from the Brink
Posted in Meltdown on July 20, 2009 | Leave a Comment »
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