CIT Group (CIT) and its now-CEO John Thain both fared badly during the financial crisis, but it...

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

CIT Group (CIT) and its now-CEO John Thain both fared badly during the financial crisis, but it turns out the two make a surprisingly good team, writes Barron's. Post-bankruptcy, CIT is "a story of a company in the right place at the right time," and shares could rise 15% or more as CIT exploits its key strength of lending to small/mid-sized firms, many of which are desperate for capital and shut out by large banks.