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CIT Files for bankruptcy

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Old November 2nd, 2009, 01:21 AM   Digg it!   #1
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CIT Files for bankruptcy

Commercial lending giant CIT files bankruptcy
Government to likely lose $2.3 billion it spent to prop company up last year

Commercial lending giant CIT files bankruptcy - U.S. business- msnbc.com

This could spell serious trouble for retailers and small business, not to mention the potential loss of taxpayer dollars from the previous bail out.
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Old November 2nd, 2009, 01:30 AM     #2
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