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CIT’s fate still hangs in the balance

Small business lender CIT Group said Friday it was awaiting the outcome of a key bondholder vote that could ultimately push the troubled firm to file for bankruptcy. See the rest here: CIT’s fate still hangs in the balance Go here to read the rest: CIT’s fate still hangs in the balance

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CIT extends CEO Peek’s contract for one year

NEW YORK (Reuters) – CIT Group Inc said it has extended the contract of Chief Executive Jeffrey Peek for one year, even though his decisions to expand into risky businesses helped to push the lender to the brink of bankruptcy. Read this article: CIT extends CEO Peek’s contract for one …

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CIT extends CEO Peek’s contract for one year

NEW YORK (Reuters) – CIT Group Inc said it has extended the contract of Chief Executive Jeffrey Peek for one year, even though his decisions to expand into risky businesses helped to push the lender to the brink of bankruptcy. Read this article: CIT extends CEO Peek’s contract for one …

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CIT extends CEO Peek’s contract for one year (Reuters)

Reuters – CIT Group Inc said it has extended the contract of Chief Executive Jeffrey Peek for one year, even though his decisions to expand into risky businesses helped to push the lender to the brink of bankruptcy. View original post here: CIT extends CEO Peek’s contract for one …

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