CIT Group exits home lending businesses

Summary: Crain's New York Business published this article on July 1, 2008, and the EveryBlock system found it to be geographically relevant to Goldman Sachs in New York. Below, you can read the article excerpt that mentions the given location and follow the link to read the full article.

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It is just the latest attempt by CIT to cut its risk and improve liquidity. Since April 1, CIT has raised $1.6 billion in new capital, completing asset-backed financings of about $1.5 billion, sold more than $2 billion in assets and obtained a $3 billion long-term financing facility from Goldman Sachs. Read the full article…

Location Goldman Sachs
Publication date July 1, 2008
Source Crain's New York Business

Added to EveryBlock on July 1, 2008.

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