Articles about Cit Group

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Dell partner CIT dodges bankruptcy

Financial services giant CIT Group, which dabbled just a bit too much in subprime mortgages, is on the verge of getting some $3bn in emergency financing from its bondholders in order to avert bankruptcy, according to Reuters. There are two IT angles to this story. Firstly, CIT is a long-time partner of PC and server maker Dell …

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