Clusterstock starts to recap the moves that resulted in CIT (CIT) being denied further...

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

Clusterstock starts to recap the moves that resulted in CIT (CIT) being denied further government help tonight - reportedly amid a struggle between Geithner and Bair over the issue. WSJ: Treasury thinks it will lose its entire $2.3B investment in CIT, which would be TARP's first loss.