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crable

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crable

Re: Hammer1 post# 46923

Wednesday, 07/15/2009 6:19:13 PM

Wednesday, July 15, 2009 6:19:13 PM

Post# of 160314
No CIT Bailout...CRASH!!

CIT Announces That Discussions with Government Agencies Have Ceased
Press Release
Source: CIT Group Inc.
On Wednesday July 15, 2009, 6:03 pm EDT

NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT - News), a leading provider of financing to small businesses and middle market companies, today announced that it has been advised that there is no appreciable likelihood of additional government support being provided over the near term.

The Company’s Board of Directors and management, in consultation with its advisors, are evaluating alternatives.

Individuals interested in receiving future updates on CIT via e-mail can register at http://newsalerts.cit.com.

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