Egan Says CIT Bankrupcty Filing May Help Bondholders: Video
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ClipSyndicate
Distributor: Bloomberg
Found: Nov 2, 2009
Nov. 2 (Bloomberg) — Sean Egan, president Egan-Jones Ratings Co., talks with Bloomberg’s Lori Rothman about the outlook for holders of CIT Group Inc.'s bonds. The 101-year-old lender filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout. (Source: Bloomberg)
| Language: |
English |
| Category: |
News |
| Tags: |
Business |
| Country: |
United States |
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