CIT Group files for chapter 11. Major lender for small and mid-size businesses.
Analysts warned that the bankruptcy could add to the uncertainty around loans for the nation's small businesses, especially retailers, which make up a significant portion of CIT's clients and are already struggling with tight credit markets.
http://finance.yahoo.com/news/CIT-fi...&asset=&ccode=
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Analysts warned that the bankruptcy could add to the uncertainty around loans for the nation's small businesses, especially retailers, which make up a significant portion of CIT's clients and are already struggling with tight credit markets.
http://finance.yahoo.com/news/CIT-fi...&asset=&ccode=
.



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