Sunday, November 15, 2009

CIT's bankruptcy raises new questions about bailout

Analysts expect more bailed-out firms to fail in the months ahead. Others may survive but will struggle to repay the government.

About $400 billion of federal investments remain in the corporate sector, much of it channeled through TARP. Critics of the program say losses were inevitable, in many cases

CIT's bankruptcy raises new questions about bailout - washingtonpost.com

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