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With CIT in Bankruptcy, Industry Holds Its Breath

With CIT in Bankruptcy, Industry Holds Its Breath

by Vicki M. Young with contributions from Rosemary Feitelberg, Lisa Lockwood, Marc Karimzadeh

Posted Tuesday November 03, 2009

From WWD Issue 11/03/2009

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The pressure is still on at CIT Group Inc.

Even with the filing of a prepackaged Chapter 11 bankruptcy petition in Manhattan federal court Sunday, serious questions remain about the lender’s...

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The pressure is still on at CIT Group Inc.

Even with the filing of a prepackaged Chapter 11 bankruptcy petition in Manhattan federal court Sunday, serious questions remain about the lender’s...

Read the full article by SUBSCRIBING today!

Subscribe now to WWD.COM, for complete access to breaking Business news and events that shape the world of fashion and retail.

Subscription includes:

• Immediate access to breaking Business news 24/7, now via WWD Mobile.
• Business content everyday on the dedicated Business channel.
• Business coverage in WWD Morning Report daily email newsletter delivered right to your inbox.
• Downloadable PDF of WWD daily issues for immediate worldwide access.
• Full access to all of WWD.COM including 12months of Archived content.
• Search, comment on, clip and save articles and images.
• Read it anytime, anywhere.
• Start your subscription now for only 27 cents per day!

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