Comment on Fla. Bank Failure Is Biggest of Year

Fla. Bank Failure Is Biggest of Year

The largest bank failure so far in 2009 is also notable because the failed bank's buyer is a consortium of private-equity firms. BankUnited, FSB, based in Coral Gables, Fla., was closed by the Office of Thrift Supervision on Thursday, and the Federal Insurance Deposit Corporation was appointed receiver.

 

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