John Thain "tries to deny the truth," chides Charlie Gasparino, as the CIT Group (CIT) CEO takes...

|About: CIT Group Inc. (CIT)|By:, SA News Editor

John Thain "tries to deny the truth," chides Charlie Gasparino, as the CIT Group (CIT) CEO takes to CNBC to say he is not shopping the company to a big bank. More likely, says Gasparino (who, along with Stifel Nicolaus, started the rumor on Monday): Thain can't find a buyer.