CNBC.com News Now: Icahn Offers to Underwrite $6 Billion to CIT

Click here to view today's top stories on your mobile device. Monday, Oct. 19, 2009     DOW 10092.19 96.28 +0.96%   NASDAQ 2176.32 19.52 +0.91%   S&P 1097.91 10.23 +0.94%     NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV SIGN IN     WHAT YOU SHOULD KNOW Arrest of Hedge Fund Chief Unsettles the Industry For years, whenever anyone asked Raj Rajaratnam about the success of his hedge fund, the Galleon Group, he chalked it up to being hungrier than everyone else... »read more Bernanke Urges US to Start Cutting Record Budget Deficit Federal Reserve Chairman Ben Bernanke on Monday called for the United States to whittle down its record-high budget deficits and for countries like China to get their consumers to spend more, moves that would help combat skewed global trade and investment flows that contributed to the financial crisis... »read more Icahn Offers $6 Billion Lifeline To CIT But Is Critical of Board Famed corporate raider Carl Icahn said he offered to underwrite a $6 billion loan to CIT Group, complaining that horse-trading between the troubled lender and its largest creditors was harming other bondholders... »read more CNBC's Earnings Central On-air - Online - On Mobile Stay with CNBC for Real-Time Earnings reports and analysis. This week, reports from: Coca-Cola, Dupont, Pfizer, and more. »earningscentral.cnbc.com TODAY'S TOP 5 VIDEOS 1. Apple, Texas Instruments Report Earnings  Insight on Apple and Texas Instruments' earnings results, with Gene Munster, Piper Jaffray; Scott Billeadeau, Fifth Third Asset Mgmt.; and CNBC's Jim Goldman & Matt Nesto. 2. Petraeus: Rebuilding Iraq  CNBC's Erin Burnett talks to U.S. Central Command's General David Petraeus about the challenges and opportunities to invest in Iraq. 3. Icahn Offers to Underwrite $6 Billion to CIT  Carl Icahn offers to underwrite a $6 billion loan to CIT. CNBC's Becky Quick has the details. 4. Skilling's New Hope  The Supreme Court will hear the appeal of former Enron CEO Jeff Skilling. 5. Stop Trading, Listen to Cramer!  Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.       TODAY'S TOP BLOG   Automotive X PRIZE Finalists Show Green Ingenuity Today Progressive Insurance will announce the finalists for its Automotive X PRIZE. A modern day, environmentally conscious "great race" with teams competing for $10 million dollars. The catch: the teams will be racing cars they've designed and built that get the equivalent of 100 miles per gallon. »See All CNBC.com Blogs

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