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Billionaire investor Carl Icahn offers CIT Group $6B lifeline as it faces potential collapse

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Billionaire investor Carl Icahn offers CIT Group $6B lifeline as it faces potential collapse

Posted: Oct 19, 2009 3:10 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Billionaire investor Carl Icahn offers CIT Group $6B lifeline as it faces potential collapse Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Icahn offers CIT Group $6 billion loan NEW YORK â In another sign that CIT Group Inc. is struggling to restructure its debt, billionaire investor Carl Icahn offered the lender a $6 billion lifeline. In a letter Monday to CIT's board of directors, Icahn said he would give the company the loan to replace a debt restructuring [...]

Read: Billionaire investor Carl Icahn offers CIT Group $6B lifeline as it faces potential collapse

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