Total Loss: The $2.3 billion taxpayer money WASTED.
By Daniel at 1 November, 2009, 2:17 am
http://online.wsj.com/article/SB125689890371418331.html
The $2.3 billion in taxpayer money spent to save CIT Group Inc. is likely to be wiped out, as the lender prepares to file for bankruptcy protection in a high-stakes restructuring plan aimed at keeping the firm in business.
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