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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:我们得不到援助
这家陷入困境、命运悬而未决的小型企业贷款银行表示,已被告知近期内不可能获得联邦援助。其股票已于周三晚些时候停盘。作者:Colin Barr周三晚上,资金紧缺的小型企业贷款银行CIT集团表示已被告知不可能很快获得政府援助。该公司在声明中表示,“短期内没有获得额外政府支持的明显可能性”。CIT的董事会和...
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CIT可能获救——但现在该怎么做?
债券持有者抛出的救生索将使这家面向小型企业的贷款银行继续存活,但首席执行官杰佛瑞•匹克在逼近的重组中面临严峻考验。作者:Colin Barr债券持有者正向CIT抛出救生索。但抢救这家小型企业贷款银行仍然可能考验该公司及其首席执行官杰佛瑞•匹克(Jeffrey Peek)。上周,位于纽约的贷款银行CI...
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华盛顿面对CIT难题
面向中小企业的大型贷款商CIT身处危难关头,华盛顿如何应对?作者:Colin BarrCIT自诩是连接华尔街与大众的桥梁,而这座桥梁正在出现裂缝。那么现在的问题就是华盛顿是否会出手,努力加固这座桥梁。CIT集团是纽约一家面向中小企业的贷款提供商,在去年12月获得了美国政府23亿美元的注资。CIT试图...
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Apple plants its flagship in Shanghai
Apple (AAPL) made its first foray into retail sales in China just before the 2008 Olympic games with a standard-size Apple Store set in a newly constr...
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