Monday, July 20, 2009
A turning point in the financial crisis
If CIT really has dodged a bullet here and avoided bankruptcy, that’s spectacularly good news. I’m assuming here that a deal has done, based on nothing but a single one-line headline on WSJ.com; these things tend to be fraught and fractious, however, so I’m not counting my chickens just yet. But if CIT has really avoided bankruptcy, that’s a major turning point in the history of the financial crisis...
Reuters (Felix Salmon): A turning point in the financial crisis
Reuters (Felix Salmon): A turning point in the financial crisis
Permalink posted by markw @ 5:50 AM 
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