The industry scrambled for financing Thursday as CIT Group Inc. tried to raise capital and avoid bankruptcy after being refused a government bailout.
With CIT on the brink...
financial
financial
July 17, 2009
Industry Braces for CIT Bankruptcy
Scrambling to raise capital after being refused a government bailout, key lender CIT could go bankrupt and thousands of fall shipments are in limbo.
financial/news
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