Quotes of the Day

In this Sept. 15, 2008 file photo, former Merrill Lynch executive John Thain speaks during a news conference in New York. CIT Group has chosen Thain to lead the company as chairman and CEO as the commercial lender continues to restructure
Monday, Feb. 08, 2010

Open quoteCIT can and will serve an important role in the recovery of the U.S. economy and the creation of jobs.Close quote

  • JOHN THAIN,
  • former Merrill Lynch CEO, in a statement, following his appointment as the new chief of CIT Group Inc., one of the U.S.'s largest lenders to small and midsize businesses
Photo: Bebeto Matthews / AP | Source: AP