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But Mr. Peek says his goals at CIT had nothing to do with empire-building.
Good Match at CIT John A. Thain has checked into rehab — career rehab that is.
Others who do business with him say that his amiable nature and courtly ways complemented his goals at CIT.
That is the curious logic at CIT, a small-business lender in America that is fighting to avoid bankruptcy.
But the volume of home lending and student lending had soared at CIT, setting the stage for a sharp reversal of fortune when those markets soured.
His father is a vice president in charge of asset-based lending at CIT, a credit and financial services company in New York.
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Just look at what a team of researchers at Chiba Institute of Technology (CIT) has developed: a very cool robotic vehicle that stands on two legs.
At a Cit y Council hearing last week, some restaurateurs dismissed the findings because the survey had been prepared by a city entity, Baruch College at the City University of New York.
Now he's the chief executive at lender CIT, but back in 2009, his $1.2m office decorating bill, including a $35,000 commode, helped make it much easier for Bank of America to push him toward the exit.
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