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Reuters: CIT gets preliminary OK for $2.33 billion TARP funds

Started by chris, December 23, 2008, 03:59:22 PM

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chris

CIT gets preliminary OK for $2.33 billion TARP funds
      


NEW YORK (Reuters) - CIT Group , a commercial finance firm, won preliminary approval to receive $2.33 billion under the government's $700 billion financial bailout program, sending its shares up almost 14 percent in premarket trading.<div class="feedflare">
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