CIT's Debt Issues Show Why the Economy Won't Be Picking Up Any Time Soon [View article]
...and why should borrowers continue to borrow from CIT, a company that may not be there tomorrow?
Dumb question. If I'm a CIT creditor, not only do I want to continue to borrow from CIT, I want to DRAW DOWN whatever lines I have w/CIT immediately. This is what is, in fact, occurring.
CIT's Debt Issues Show Why the Economy Won't Be Picking Up Any Time Soon [View article]
Dumb question. If I'm a CIT creditor, not only do I want to continue to borrow from CIT, I want to DRAW DOWN whatever lines I have w/CIT immediately. This is what is, in fact, occurring.