CIT Group: Filing bankruptcy increasing likely
By Daniel at 13 October, 2009, 9:08 am
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CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.Let’s rally ! Only the 10000 is important.
http://www.ibtimes.com/articles/20091012/cit-debt-swap-struggles-bankruptcy-looms.htm
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