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Struggling lender CIT Group files for bankruptcy
After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of midsized and small businesses. ...more
November 1, 2009
BUSINESS HIGHLIGHTS
Stocks Extend Advance In Year's Final Session NEW YORK (AP) - Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. ...more
January 4, 2009
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