As CIT Group (CIT) clinches its $3B rescue - $2B of which is committed by its bondholders so far...

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

As CIT Group (CIT) clinches its $3B rescue - $2B of which is committed by its bondholders so far - doubts abound on whether it can survive without a completely new structure. Felix Salmon: It's just kicking the ball a little down the road. Noam Scheiber wonders if CIT just got the same treatment that predatory mortgage-modders are doling out.