Carl Icahn

Carl Icahn stories:

  • Carl Icahn trends
  • CIT Group Seeks Bankruptcy Protection After Bailout

    Nov 1st, 2009 - Bloomberg

    CIT Group Seeks Bankruptcy Protection After BailoutNov. 1 (Bloomberg) -- CIT Group Inc., a 101-year-oldcommercial lender, filed for bankruptcy with financing frominvestor Carl Icahn after the credit crunch dried up its fundingand a U.S...

  • Icahn backs CIT plan, agrees to make $1b loan

    Oct 30th, 2009 - Boston

    NEW YORK - Commercial lender CIT Group Inc. said yesterday that billionaire investor and bondholder Carl Icahn agreed to support the company's restructuring plan amid reports CIT may soon file for bankruptcy protection.

  • VIX Surges Most in Year as Stocks Drop on Consumer, CIT Concern

    Oct 30th, 2009 - Bloomberg

    Oct. 30 (Bloomberg) -- The benchmark index for U.S. stockoptions surged the most in a year as demand grew for protectionfrom losses in equities after personal spending fell andinvestor Carl Icahn supported a CIT Group Inc...

  • CIT in Deal With Icahn to Support Bankruptcy Plan

    Oct 30th, 2009 - Bloomberg

    Oct. 30 (Bloomberg) -- CIT Group Inc., the 101-year-oldcommercial lender trying to avert collapse, reached an agreementwith billionaire investor Carl Icahn to support its prepackagedbankruptcy plan. Icahn...

  • CIT, Icahn agree on restructuring plan

    Oct 30th, 2009 - Reuters

    NEW YORK (Reuters) - Billionaire investor Carl Icahn, who had challenged CIT Group Inc's restructuring plan, said on Friday he was now backing the company's pre-packaged bankruptcy and would provide an additional $1 billion in credit to the lender.

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