WASHINGTON, July 14 (UPI) -- The Obama administration is mulling whether to bail out a key small-business lender, a consideration analysts say underscores how fragile the U.S. economy is.
CIT Group, with about $75 billion in assets, wasn't in the government's stress tests of major financial firms, but caught the administration's attention because of its focus on small-business lending, considered critical for the country's economic recovery, The Washington Post reported Tuesday.