Monday, July 13, 2009


Lenders in Need of Financial Help

From the numbers, it sure is hard to spot the difference between General Electric’s financial arm and CIT, the lender facing a refinancing crisis as soon as next month.

Indeed, CIT’s struggles to keep afloat may give the best idea of what life would be like for GE Capital without the benefit of a deep-pocketed corporate parent and the extraordinary largess of the United States government...

NYT: Lenders in Need of Financial Help

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