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FDIC resisting calls to help bail out troubled lender CIT Group, negotiations continue

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
FDIC resisting calls to help bail out troubled lender CIT Group, negotiations continue Posted: Jul 14, 2009 3:32 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: FDIC resisting calls to help bail out troubled lender CIT Group, negotiations continue
Feed Title: Simple Thoughts - Java and Web Technology Blog
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Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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FDIC resisting calls to aid lender CIT Group WASHINGTON — With government officials locked in negotiations about a possible bailout for business lender CIT Group Inc., the Federal Deposit Insurance Corp. is resisting calls to open a key subsidy to the troubled firm, according to people familiar with the matter. Despite fears that problems at CIT could [...]

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