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Articles Tagged With 'CIT'

Bank Failure Friday Fells a ‘Healthy Bank’ Bailout Recipient

United Commercial Bank of San Francisco goes under after getting $299 million in TARP money.

Your Bailout Update (Nov. 2009): $400 Billion Outstanding

Keeping track of the TARP money that has gone out -- and the money that's never coming back.

Taxpayers Lose $2.3 Billion with CIT Bankruptcy

CIT files for protection less than a year after it got bailout money, leaving preferred shareholders -- including the Treasury -

Four Banks in Govt’s ‘Healthy Bank’ Bailout Struggle to Survive

Questions are raised about how some troubled banks got approval by regulators for the Capital Purchase Program.

Reports: Gov’t Mulls CIT Rescue

The bank's importance as a lender to small businesses could make it difficult to abandon.

Large Bailed-Out Bank Struggles to Survive

CIT Group got $2.3 billion in government aid, but with its viability in question, the FDIC is reluctant to give it more.