Entries tagged "failed bank"
Could the recent seizure and sale of BankUnited Financial's assets to private equity be exactly what the Office of Thrift Supervision has in mind for Guaranty Financial Group?
The bank was closed by the FDIC on Friday.
Even if the reports that Treasury Secretary Tim Geithner may court private capital firms to invest in banks are true, interest may be tepid.
In a comedy of errors, Freddie Mac wants to investigate transactions regarding $1.2 billion that bankrupt Lehman Brothers Holdings Inc. owes it, while the debtor is trying to stop the transfer of its stock. ...
Evergreen Solar Inc. has filed a lawsuit against Lehman Brothers Holdings Inc. and Barclays plc in an attempt to recoup some 30.9 million Evergreen shares held by Lehman, some of which were allegedly transferred to Barclays in the September sale of Lehman's investment bank operations to the London bank....