This is a document Inner City Press was sent on October 10, 2014 - CIT Group's heavily redacted October 8 submission to the Federal Reserve Bank of New York.
From the Application by CIT Group Inc. and Carbon Merger Sub LLC to acquire and merge with IMB HoldCo LLC, and indirectly acquire voting shares of OneWest Bank.
On August 26, Inner City Press & Fair Finance Watch requested from the Federal Reserve System the entire application, and the FRS' communications with the companies since January 1, 2014.
On September 26, despite the comment period, the FRB's FOIA Office wrote to Inner City Press:
“Pursuant to section (a)(6)(B)(i) of the FOIA, we are extending the period for our response until October 9, 2014, in order to consult with two or more components of the Board having a substantial interest in the determination of the request. If a determination can be made before October 9, 2014, we will respond to you promptly.”
Now this...
Original Title
CIT Group's letter to FRBNY, Oct 8, 2013: Heavily redacted as provided to Inner City Press
This is a document Inner City Press was sent on October 10, 2014 - CIT Group's heavily redacted October 8 submission to the Federal Reserve Bank of New York.
From the Application by CIT Group Inc. and Carbon Merger Sub LLC to acquire and merge with IMB HoldCo LLC, and indirectly acquire voting shares of OneWest Bank.
On August 26, Inner City Press & Fair Finance Watch requested from the Federal Reserve System the entire application, and the FRS' communications with the companies since January 1, 2014.
On September 26, despite the comment period, the FRB's FOIA Office wrote to Inner City Press:
“Pursuant to section (a)(6)(B)(i) of the FOIA, we are extending the period for our response until October 9, 2014, in order to consult with two or more components of the Board having a substantial interest in the determination of the request. If a determination can be made before October 9, 2014, we will respond to you promptly.”
Now this...
This is a document Inner City Press was sent on October 10, 2014 - CIT Group's heavily redacted October 8 submission to the Federal Reserve Bank of New York.
From the Application by CIT Group Inc. and Carbon Merger Sub LLC to acquire and merge with IMB HoldCo LLC, and indirectly acquire voting shares of OneWest Bank.
On August 26, Inner City Press & Fair Finance Watch requested from the Federal Reserve System the entire application, and the FRS' communications with the companies since January 1, 2014.
On September 26, despite the comment period, the FRB's FOIA Office wrote to Inner City Press:
“Pursuant to section (a)(6)(B)(i) of the FOIA, we are extending the period for our response until October 9, 2014, in order to consult with two or more components of the Board having a substantial interest in the determination of the request. If a determination can be made before October 9, 2014, we will respond to you promptly.”
Now this...