CIT Group Inc. (NYSE: CIT) on Sunday filed for Chapter 11 bankruptcy...
Billionaire investor George Soros said yesterday (Monday) that the U.S. recovery would be a slow one because of all the "basically bankrupt"...
In what is being viewed as a last-ditch effort to avoid filing for protection from its creditors, commercial lender CIT Group Inc. (NYSE: CIT) is...
The U.S. stock market has run up magnificently in the last six months. The U.S. economy has begun to recover, but its performance has fallen short of...
By Mike Caggeso Associate Editor Money Morning Citigroup Inc. (C) is lifting the curtain on the $45 billion in taxpayer capital it received, saying...
By William Patalon III And Jason Simpkins Money Morning Editors The U.S. Senate plans to vote tonight (Wednesday) on a $700 billion banking-bailout...
By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report A year ago, a share of The Bear Stearns Cos. Inc. (BSC) would have cost you...