The Obama administration drew a line in the sand on financial bailouts last night by denying emergency aid to CIT Group, which could cost it $3.2 billion in TARP funds. After days of round-the-clock talks with regulators about a possible...
AP, New York Post: Business
Wed, 07/15/2009 - 10:25pm
The Obama administration drew a line in the sand on financial bailouts last night by denying emergency aid to CIT Group, which could cost it $3.2 billion in TARP funds. After days of round-the-clock talks with regulators about a possible...