It’s Too Hard to Know Who Is Too Big to Fail: Jonathan WeilJonathan Weil
Oct. 6 (Bloomberg) -- Two years ago if you had asked whether the commercial lender CIT Group Inc. was too big to fail, the answer would have been an emphatic no. The Treasury Department had rejected its latest bailout plea. In November 2009, after 101 years in business, CIT filed for bankruptcy.
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