CIT's Failure Could Threaten Financial Sector's Overall Recovery [View article]
'Meanwhile, CIT is also rumored to be recommending that bondholders approve a pre-packaged bankruptcy plan in case the new debt-exchange doesn’t go through'
Minimum 10% equity in the post-bankruptcy CIT to the UAW.....
CIT's Failure Could Threaten Financial Sector's Overall Recovery [View article]
Minimum 10% equity in the post-bankruptcy CIT to the UAW.....