CIT On Brink Of Bankruptcy

July 16, 2009 3:50 PM

CIT is the nation's largest lender to small businesses and companies such as Dunkin' Donuts and Dairy Queen. CIT received $2.3 billion in bailout funds but may file bankruptcy. Nancy Cordes reports.

CIT Poised for 4th Largest Bankruptcy Ever

Add a comment

Recommended

Evening News Online, 12.01.09
19:14 December 1, 2009

Evening News Online, 12.01.09

Tuesday: President Obama announces his strategy for the war in Afghanistan; a suspected cop killer is fatally shot; and military families ready themselves for an increase in deployments.
Preparing for Deployment
2:34 December 1, 2009

Preparing for Deployment

Military families all over the country are preparing for deployment to Afghanistan as President Obama will announce to add an additional 30,000 troops. Byron Pitts reports
Will the War Turn around?
1:55 December 1, 2009

Will the War Turn around?

The additional troops send to Afghanistan will try to defeat the Taliban one town at a time. As David Martin reports, an extension of the current strategy is beginning to show results.
More Troops, More War?
3:39 December 1, 2009

More Troops, More War?

A U.S. military source described the fight against Taliban as a battle without winners. As Mandy Clark reports, sending more troops out could make the war more intense.
A Ticket for Tiger
1:41 December 1, 2009

A Ticket for Tiger

After all speculation surrounding the Tiger Woods investigation, authorities declared the case closed with a simple moving violation. As Randall Pinkston reports, Woods was at fault in the crash
Suspected Cop-Killer Shot
2:01 December 1, 2009

Suspected Cop-Killer Shot

As the bodies of the four slain officers were moved to a funeral home, their suspected killer was shot by a Seattle police officer after refusing to stop a stolen car. John Blackstone has more.

Jesus in an Iron
A Massachusetts woman was down on her luck as an image of Jesus under her ...
Play CBS Video
Steamed Over Bikini Baristas
An espresso stand where the baristas wear bikinis has some residents of Bellevue, Washington imploring ...
Play CBS Video
Congo's Gold
Five million people have died in the Democratic Republic of Congo in a war fueled ...
Play CBS Video
The Great Explorer, Part 1
Robert Ballard discovered the Titanic, the Bismarck and the PT 109 and now 60 Minutes ...
Play CBS Video
The Great Explorer, Part 2
Robert Ballard is not just a shipwreck explorer, he is also a scientist who has ...
Play CBS Video
Paula Deen Hit in Face with Ham
"Caught on Tape": Food Network and TV cooking star Paul Deen was hit in the ...
Play CBS Video
Live To Tell: Krystal's Courage
In Full: What if someone wants you dead but you live to tell? A 10-year-old ...
Play CBS Video
How Far Would You Go For A Hot Dog?
Mo Rocca takes us on a cross-country journey in search of the perfect hot-dog, a ...
Play CBS Video
Marilyn Monroe Smoking Pot?
A home movie shows Hollywood star Marilyn Monroe allegedly smoking a marijuana joint. The silent, ...
Play CBS Video
Preview: Krystal's Courage
Live to Tell: A 10-year-old girl's story of survival and how she brought a ...
Play CBS Video
Preview: Bob Ballard
Lara Logan profiles undersea explorer and pioneer Robert Ballard. This Sunday, Nov. 29, at 7 ...
Play CBS Video
60 Minutes, 11.29.09
Scott Pelley reports on Congo's gold war; Lara Logan reports on Robert Ballard, who ...
Play CBS Video
Preview: Justice in the Heartland
A young father's mysterious disappearance haunts a small town. Was it murder? Susan Spencer ...
Play CBS Video
Uchitel Denies Woods Affair
Rachel Uchitel denied rumors that she had an affair with Tiger Woods and hired celebrity ...
Play CBS Video
Diary of a Showgirl
In Full: In a series of exclusive video diaries, a showgirl reveals secrets about the ...
Play CBS Video
The Cost of Dying
Many Americans spend their last days in an intensive care unit, subjected to uncomfortable machines ...
Play CBS Video
The 'Chosin' Few
A new documentary is casting light on one of history's most brutal battles, the ...
Play CBS Video
Preview: Congo Gold
Five million people have died in the Democratic Republic of Congo in a war fueled ...
Play CBS Video
Rooney Not Negative?
People have often accused Andy Rooney of being negative. Now he wants to correct the ...
Play CBS Video
Victoria's Secret Runway Preview
Maggie Rodriguez spoke with Victoria's Secret angels Miranda Kirr and Doutzen Kroes about this ...
Play CBS Video
Cop-Killer Manhunt
As the city of Lakewood, Washington mourned the 4 slain police officers, the search continues ...
Play CBS Video
Web Extra: Echoes of the Past
The ghostly relics of a tragedy.
Play CBS Video
@katiecouric: Shakira
Katie Couric interviewed Grammy Award winning musician Shakira in the latest issue of Glamour Magazine. ...
Play CBS Video