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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Michael J. de la Merced and Eric Dash / The Bulletin
July 16, 2009
The survival of one of America’s largest commercial lenders, the CIT Group, was thrown into doubt late Wednesday after federal officials rebuffed pleas to rescue the struggling company a second time.
Unless a buyer emerges for CIT — a prospect that seems unlikely —....