Underpants Gnomes, Inc.

From CNBC:

The $3 billion in rescue financing that CIT Group will receive from bondholders will be split into two pieces, CNBC has learned.

The struggling lender will receive $2 billion in the first phase, followed by an additional $1 billion that may come 10 days later.

So, to sum up CIT Group's business plan:

Phase 1: Get $2 billion at 10% plus LIBOR.

Phase 2: Get another $1 billion at 10% plus LIBOR 10 days later.

Phase 3: ???????

Phase 4: PROFIT!