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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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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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Small business borrowers get creative
When banks turned down these four applicants, they sought out new sources for the financing their small businesses needed.By Ian Mount(Fortune Small B...
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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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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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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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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貸款銀行表示,已被告知近期內不可能獲得聯邦援助。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可能獲救——但現在該怎么做?
債券持有者拋出的救生索將使這家面向小型企業的貸款銀行繼續存活,但首席執行官杰佛瑞?匹克在逼近的重組中面臨嚴峻考驗。作者:Colin Barr債券持有者正向CIT拋出救生索。但搶救這家小型企業貸款銀行仍然可能考驗該公司及其首席執行官杰佛瑞?匹克(Jeffrey Peek)。上周,位于紐約的貸款銀行CI...
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華盛頓面對CIT難題
面向中小企業的大型貸款商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裂縫。那么現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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Apple redoubles its efforts in China
Opening two new stores and launching the iPhone 4 on Saturday"We are lucky that Steve Jobs has such a bad temper and doesn't care about China," Lenovo...
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