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From CIT's web site:
CIT Group Incorporated is a leading commercial and consumer finance company, providing clients with financing and leasing products and advisory services.
Founded in 1908, CIT has nearly $60 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries. CIT is a Fortune 500 company and a component of the S&P 500 Index. 1908 (MCMVIII) is a leap year starting on Wednesday (link will take you to calendar). ...
The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ...
The S&P 500 is a list of 500 US corporations, ordered by market capitalization. ...
Clients range from homeowners to small businesses to many of the worlds' largest and most respected multinational corporations. In fact, CIT is currently doing business with more than 80% of the Fortune 1000. Our near-century of growth and broad market leadership has been fueled by a balanced credit and risk management culture, product and portfolio diversification and specialization, an experienced corporate management team, and an unyielding focus on meeting our clients needs.
CIT's Commercial Finance business offers clients a wide range of secured lending, leasing and factoring products including direct loans and leases, operating leases, leveraged and single investor leases, secured revolving lines of credit and term loans, credit protection, accounts receivable collection, import and export financing, debtor-in-possession and turnaround financing, and acquisition and expansion financing. Commercial Finance also includes Investment Banking Advisory services including M&A advisory services, cash flow products, syndication and securitization, commercial real estate.
CIT's Specialty Finance (consumer) business consists of home lending, student loans, vendor financing, small business loans, small/mid ticket product leasing and global insurance services.
CIT was acquired and operated by Tyco International Ltd. Following the publicity of Tyco's corporate scandals and ultimately the indictment and removal of Tyco CEO, L. Dennis Koszlowski, CIT was spun-off as a separate company. Tyco International Ltd. ...
Leo Dennis Kozlowski (born November 16, 1946 in Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the companys funds. ...
With its global headquarters in New York City and corporate offices in Livingston, New Jersey, CIT has approximately 6,000 employees in locations throughout North America, Europe, Latin and South America, and the Pacific Rim. Nickname: The Big Apple Official website: City of New York Government Counties (Boroughs) Bronx (The Bronx) New York (Manhattan) Queens (Queens) Kings (Brooklyn) Richmond (Staten Island) Mayor Michael Bloomberg (R) Geographical characteristics Area Total 468. ...
Livingston is a township located in Essex County, New Jersey. ...
Current Holdings and Investments REGCO Holdings Inc. ...
Porter Airlines Porter Airlines Inc. ...
The Toronto City Centre Airport in Toronto, Ontario is a regional airport located on the northwestern portion of Centre Island, one of the Toronto Islands. ...
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