Thain Transforms CIT from Bankruptcy to M&A Target

April 11 (Bloomberg) -- Bloomberg senior markets correspondent Julie Hyman reports that former bank of America president John Thain has transformed the once-bankrupt lender CIT Group into an attractive takeover target for some of the largest banks. She speaks on Bloomberg Television's "In The Loop."

Full Show: What'd You Miss? (05/27)
52:54 - Full episode of "What'd You Miss?" Guests include: Frederik Nerbrand, HSBC's head of asset allocation, Stanley Altshuller, Novus co-founder, and Michael Blythe, Commonwealth Bank of Australia's chief economist. (Source: Bloomberg)
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