CIT ends discussions with the government « Cavanaugh Business Solutions Blog

Will 2009 Gold Prices Cause Economic Bubble? September 16, 2009

As debates occur over whether Americans are responsible for the recessions, opinions on the next ten problem areas are beginning to surface.

Teens Buying Clothes September 7, 2009

The economic recession in the United States has caused teens to be more responsive to value when buying garments.

Consumer Debt Levels September 5, 2009

Since young people are being targeted for use of credit cards, they need to understand how to handle credit cards.

Two Strong Brand Names September 1, 2009

When considering whether to expand a retail firm, careful consideration should be given to value chain analysis of the activities in running the organization.

Related Business Strategy August 31, 2009

When the economic recession occurred in 2008, many business failed. In spite of this, however, many people saw an opportunity to start a business.

More Revenue for the States July 22, 2009

As the economic crisis hits harder, retailers stand to lose in the battle versus the states in their claims for unused gift card value.

Understanding Banking Industry Problems July 18, 2009

Business owners may be wondering how to finance businesses considering that CIT, the largest lender to small and medium businesses, is experiencing financial woes.

Online Shopping Concerns July 16, 2009

Many reforms have been enacted in the banking industry because of its history of crisis, and consumers are now changing the way that they manage their money.

Avoiding Late Fees on Credit Cards July 15, 2009

College students who are struggling with penalty fees may find that the problem may be that statements are not being adequately stored.

Marketing Strategies for Restaurants April 20, 2009

Knowing the characteristics of your target market will help you to determine the best way to market your products to a particular group.

CIT ends discussions with the government

Posted on July 16, 2009 by gailcav

Another Bank Failure?

CTI announced yesterday that it has ended negotiations with the Obama administration as it has been told that the U.S. will no longer extend monetary support to bail them out of an impending bankruptcy, desptie the reliance of thousands of retailers upon the company.

CTI has been a provider of funding to small and medium businesses for over 100 years. Its current financial woes apparently stem from “venturing into risky corporate and consumer lending and heavy reliance on fickle investors for funds.”

The bank, unlikely to be sold at this point will be the largest bank to fail since Lehman Brothers.

Become a Careerjet affiliate

Filed under: Uncategorized | Tagged: bailout, bankruptcy, corporate and consumer lending, CTI, fickly investors, financial woes, Lehman Brothers, Obama, retailers

« Online security -the hope for the future CIT Lending Profile »

var TPConnect = {}; TPConnect.tpc_url = ''; TPConnect.tpc_title = document.getElementById('tpc_post_title').innerHTML; TPConnect.tpc_message = document.getElementById('tpc_post_message').innerHTML; View the entire comment thread.

เลือกบัตรเครดิต, on July 17th, 2009 at 2:42 pm Said:

ผมรวบรวม promotion และรายละเอียดของบัตรเครดิตต่างๆ แวะเข้ามาเยี่ยมชมบ้างนะครับhttp://creditcardloan-info.blogspot.com

M	T	W	T	F	S	S
« Jun				Aug »
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31

Cavanaugh Business Solutions Blog

Delicious bookmarks

Suite 101 Articles by Gail Cavanaugh

Blogroll

On-Line Store

Blog Stats

Merchant’s Guide to Credit Card Processing

CIT ends discussions with the government

One Response

Leave a Reply

Calendar

Blogroll

On-Line Store