Starke Says CIT, Thain Have `Good Shot' at Succeeding: Video
Feb. 8 (Bloomberg) -- Kevin Starke, an analyst at CRT Capital Group LLC, talks with Bloomberg's Lori Rothman about the outlook for CIT Group Inc. after the company named John Thain as chairman and chief executive officer. Thain, the ousted chief of Merrill Lynch & Co., was named to lead CIT, the commercial lender that emerged from bankruptcy in December, after almost a four-month search for a replacement. (Source: Bloomberg)
Kevin Starke, an analyst at CRT Capital Group LLC, talks with Bloomberg's Lori Rothman about the outlook for CIT Group Inc. after the company named John Thain as chairman and chief executive officer.
Thain, the ousted chief of Merrill Lynch & Co., was named to lead CIT, the commercial lender that emerged from bankruptcy in December, after almost a four-month search for a replacement. (Source: Bloomberg)
00:00 CIT's hiring of Thain, TARP repayment 01:12 CIT's access to commercial paper 02:19 "Good shot" of success for CIT
Running time 03:13
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