The Financial Times reports Goldman Sachs stands to receive a payment of $1 billion if embattled commercial lender CIT files for Chapter 11 bankruptcy protection. At the same time, US taxpayers would lose $2.3 billion. The Goldman Sachs payment stems from the structure of a rescue finance package that Goldman extended to CIT in June 2008, about five months before the Treasury bought $2.3 billion in CIT preferred shares to prop it up at the height of the crisis. If CIT does file, it would be the fifth largest bankruptcy filing, by assets, in US history.