Top
New York  London  GMT  Tokyo  Sydney 

CIT in talks for short-term financing: Reuters

By Jamie Coleman  || July 17, 2009 at 16:41 GMT
|| 0 comments || Add comment

While bankruptcy over the next few days is possible, CIT is said to be in talks with Goldman and JP Morgan to secure between $2-3 bln in short-term financing.

This supports the risk-trade in the near-term. EUR/JPY trades now at 132.80, not far from 133.00 intraday highs.

Share and Enjoy:
  • Print this article!
  • E-mail this story to a friend!
  • Yahoo! Buzz
  • Google
  • Live
  • Digg
  • del.icio.us
  • TwitThis
  • Facebook
  • Mixx
  • Spurl
  • StumbleUpon
  • LinkedIn
  • NewsVine

Add a comment



The content of this field will not be shown publicly.




Bottom