CIT Group posts loss of $1.68 billion, says its survival uncertain
Posted: August 19, 2009 at 4:41 a.m.
Commercial lender CIT Group Inc. said Monday in a regulatory filing that it lost $1.68 billion in the second quarter, and again warned it might have to file for bankruptcy protection if it fails to restructure its business.
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Business, Pages 25, 26 on 08/19/2009
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