CIT Group Says Its Failure Risks Demise of Customers – Bloomberg

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Published: 12 July 2009 10:18 PM CDTPosted in: Credit CrisisTags: credit cards, credit crisis, mortgage news

CIT Group Says Its Failure Risks Demise of Customers
Bloomberg
CIT may default as soon as April, when a $2.1 billion credit line matures, according to Fitch Ratings. “A CIT default would create liquidity issues for the ...

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CIT Group Says Its Failure Risks Demise of Customers – Bloomberg

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