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Washington's CIT riddle
How to respond to distress signals at a big lender to small businesses?By Colin BarrA self-styled bridge between Wall Street and Main Street is showin...
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Washington's inconvenient economic truths
As politicians plan for midterm elections, they're going to get all tied up about who gets credit for a recovering economy.By Nina EastonNow that we'r...
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CIT: No bailout for us
Troubled small business lender, its fate in the balance, says it has been told not to expect a federal rescue soon. Shares halted late Wednesday.By Co...
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CIT may be saved - but now what?
A lifeline from bondholders will keep the small business lender alive, but CEO Jeffrey Peek faces a tough test in a looming restructuring.By Colin Bar...
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John Thain's turnaround challenge
By Katie BennerNot so long ago, John Thain's legacy was that of the Merrill Lynch CEO who redecorated his office for $1.2 million before selling the d...
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CIT：我們得不到援助
這家陷入困境、命運懸而未決的小型企業(yè)貸款銀行表示，已被告知近期內(nèi)不可能獲得聯(lián)邦援助。其股票已于周三晚些時候停盤。作者：Colin Barr周三晚上，資金緊缺的小型企業(yè)貸款銀行CIT集團表示已被告知不可能很快獲得政府援助。該公司在聲明中表示，“短期內(nèi)沒有獲得額外政府支持的明顯可能性”。CIT的董事會和...
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CIT and its borrowers in limbo
The lender appears headed for bankruptcy, but it's unclear how that will affect borrowers such as Eddie Bauer and other small businesses.By Colin Barr...
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華盛頓面對CIT難題
面向中小企業(yè)的大型貸款商CIT身處危難關頭，華盛頓如何應對？作者：Colin BarrCIT自詡是連接華爾街與大眾的橋梁，而這座橋梁正在出現(xiàn)裂縫。那么現(xiàn)在的問題就是華盛頓是否會出手，努力加固這座橋梁。CIT集團是紐約一家面向中小企業(yè)的貸款提供商，在去年12月獲得了美國政府23億美元的注資。CIT試圖...
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CIT loss won't be last for taxpayers
The bankruptcy of CIT means a $2.3 billion wipeout for Treasury. More losses are likely as other TARP recipients have missed dividend payments.By Coli...
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GM IPO: A rare win for Washington over Wall Street
Considering the routine abuses by Wall Street banks in underwriting IPOs, the GM offering is a real winner.One of the great fears about the GM offerin...
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