CIT Group (CIT) Q2 2010 Earnings Call July 27, 2010 8:00 am ET Executives Kenneth Brause - Executive Vice President of Investor Relations Scott Parker - Chief Financial Officer and Executive Vice President John Thain - Chairman and Chief Executive Officer Analysts Matthew Schultheis - Boenning and Scattergood, Inc. Sameer Gokhale - Keefe, Bruyette, & Woods, Inc. Moshe Orenbuch - Crédit Suisse AG Patrick Duff David Hochstim - Bear Stearns Christopher Brendler - Stifel, Nicolaus & Co., Inc. Christoph Kotowski - Oppenheimer & Co. Inc. Mike Turner Henry Coffey - Sterne Agee & Leach Inc. Jordon Hymowitz PresentationOperator
Good morning, ladies and gentlemen, and welcome to CIT's Second Quarter 2010 Earnings Conference Call. My name is Chanel, and I'll be your operator today. Participating in today's call are John Thain, Chairman and Chief Executive Officer; Scott Parker, Chief Financial Officer; and Ken Brause, Head of Investor Relations. [Operator Instructions] I would now like to turn the call over to Ken Brause. Please proceed, sir. Kenneth Brause Thank you, Chanel, and good morning, everyone. Welcome to CIT's Second Quarter 2010 Earnings Conference Call. Our call today will be hosted by John Thain, our Chairman and CEO; and Scott Parker, our CFO. Following our formal remarks, we will have a Q&A session. We ask that you please limit yourself to one question and a follow-up and then return to the queue if you do have additional questions. We'll do our best to answer as many questions as possible in the time we have this morning. Elements of this call are forward-looking in nature and may involve risks, uncertainties and contingencies that may cause actual results to differ materially from those anticipated. Any forward-looking statements relate only to the time and date of this call. We disclaim any duty to update these statements based on new information, future events or otherwise. For information about risk factors relating to the business, please refer to our 2009 Form 10-K that was filed with the SEC in March. Any references to certain non-GAAP financial measures are meant to provide meaningful insights and are reconciled with GAAP in our press release. For more information on CIT, please visit the Investor Relations section of our website, at www.cit.com.