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Tag: "bank holding company"

CIT Group (CITGQ) Stock Anyone?

[ 9 ] November 7, 2009

CIT Group like so many other lenders made some seriously bad decisions and got caught up in the subprime mortgage debacle that came to a head towards the end of last year.  Although the centennial bank holding company received 2.3 billion from the government under the Troubled Asset Relief Program last year the government did [...]