CIT will be about 27 billion of debt maturity

advisory body corporate restructuring partner at CRG Partners, said Scott Saudi Vera: companies are very important ... no matter how they intend to restructuring,moncler, I would like CIT or CIT part of the business will be able to continue. Right now the environment in poor conditions, to ensure that small retailers will struggle to find access to credit sources. Financing options to change may force small businesses to consider other options,louboutin pas cher, such as the misappropriation of cash flow to maintain business growth, until it finds alternative sources of credit. In addition to foreign loans, CIT also provide SMEs with financial products and advisory services. CIT has more than 600 billion dollars and leased assets in over 50 countries and regions, 30 industries conduct business. According to the Xinhua News Agency Xinhua
C even if the core sector to retain

world leader in commercial financial institutions, CIT Group, the United States bankruptcy due to liquidity drying up. CIT Group and 80% of the

Reuters that if the CIT is really the business reorganization in bankruptcy court,moncler homme, even if its core sectors preserved, will involve a number of customers.



reported, CIT executives and their advisers are racing against time to develop programs to address our long-term financing needs. The program includes a bank in Salt Lake City to the CIT to transfer more assets, and transfer to the parent bank holding more cash. The program is expected to resume trading on the New York Stock be announced before 13. CIT shares closed at 10 per share, $ 1.53. CIT last year the U.S. government provided a total of $ 2.3 billion in relief funds, but so far have not put it into any of the rescue project, only allow it to issue bonds at low interest rates. From now until the end of this year, CIT will be about 27 billion of debt maturity, Fitch Ratings Ltd., 8 CIT credit rating will be lowered to CIT10 said today's senior executives are actively discussing with government officials to join the Federal Deposit Insurance Corporation under the

prepare for the bankruptcy

B bankruptcy or lead runs tide

be involved in 30 industry
A not more government rescue

will impact the United States one million corporate credit

and other large financial institutions is well known,doudoune moncler, CIT case constitutes a sufficient test of the Obama administration, as how to deal with this case will reflect the size of government is not willing to save those CIT was founded in 1908, nearly 1 million small and medium enterprises to provide loans, once the closure of some companies may impact the flow of credit,polo ralph lauren homme, because they are traditionally unable to obtain loans from other financial institutions. CIT executives worried that the Group will promote the message bankruptcy SME customers to run hundreds or seek credit. Obama has made clear that, CIT bankruptcy would not pose a systemic impact on the financial system, as JP Morgan Chase and Deutsche Bank to take some of CIT's lending franchise. 11 U.S. Treasury Department spokesman declined to comment on the Government to consider providing more assistance to the CIT.
government officials and regulators. CIT has not given more access to government relief funds, the group has hired well-known law firms, bankruptcy is possible to prepare. 相关的主题文章：


and pay 400 million $ 25 million in dividends

the environment and goods to give praise

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Having worked overseas nearly 30 years, Chinese-born painter Jia Lu has made unique contributions in helping Western audiences understand more about the East through her canvases.
She was recently short-listed in the “Ten Most-focused Chinese in the World" by none other than the Global Times. The reason? “Her paintings fuse Chinese and Western elements, showing a modern China with beautiful colors," according to the panel.
“I have a deep sense that my mission to help the rest of the world understand China is not only an artistic goal but a personal responsibility," Lu says, when asked how she felt. “This award reminds me of the importance of that obligation."
Her father, Lu Enyi, was a famous painter who taught her to paint when she was very young. Like many painters of the time, she learned Chinese ink painting first, and was taught by master painter Fan Zeng.
But like many artists who traveled abroad in the 1980s, Lu felt lost in the collision of cultures, and turned to different ways of appreciating art.
When she left China for Canada in 1983, she quickly discovered that, for her new friends, without an understanding of Chinese culture and history, her art was “simply too alien to understand."
“In Chinese painting, we value the traditions passed from one generation to the next; for Westerners, true art is about originality and individual expression," Lu told the Global Times. “Ink painting explores the expressiveness of black ink and the bamboo brush; but to a Westerner, who has never held a brush before and is used to the color and richness of oil painting, my art seemed dull and lifeless."
Although her paintings sold well in the overseas Chinese community, to reach a larger audience, communicating essential concepts of traditional Asian culture to a Western audience was key.
Her solution? Borrow the techniques and expressive power of oil painting, with its illusionistic perspective and realism, and substitute Asian content. The method is known as “Jiechuan Chuhai", or “Crossing the sea in a borrowed boat."
“We have a unique, complex and rich culture. But we share [that] among ourselves, using a difficult written and spoken language, raising a high wall that excludes the rest of the world." Lu says. “By borrowing Western art history to communicate Eastern ideas, I have been able to tear down a small section of that wall."
Having grown up in a Confucian society that emphasized personal sacrifice, selflessness and hard work, Lu discovered her Western friends appreciated these values much more than their wealth and luxury.
Her painting was infused with Buddhism, an Eastern spirituality cherished by many Westerners.
Having first visited Dunhuang in 1980, spending several weeks copying its Buddhist art – some of the rarest early examples of Chinese figurative art – directly from the cave walls, Lu studied figure painting.
But it was not until she worked in Japan in the early 1990s that she began to explore their significance, finding their ideas represented what was most enduring and special about Chinese culture: compassion, mindfulness, a deep respect for learning and wisdom and a belief in the perfectibility of the human state.
Lu began to show her works in China: at the Shanghai International Art Fair, Art Beijing and CIGE expos, and found how “vibrant the Chinese art market had become in the so-many-years I’d been away, and how open it was to new ideas."
“I am both humbled and inspired that my work has been recognized in this way by the Global Times. It is an honor to be included among the other outstanding artists whom I have admired for so long," says Lu.
“But in the end, I think it is not important if I live or work in China or in the West, The important thing is to continue to paint for a global audience, to improve my own art as far as I am able, and to strive to be a better person."