Receivership stories:
Advanta Files for Protection, Bank May Face Takeover
Nov 9th, 2009 - Bloomberg
Nov. 9 (Bloomberg) -- Advanta Corp., the small-businesscredit-card issuer that cut off almost 1 million accounts asdefaults soared, filed for bankruptcy and said itsundercapitalized banking unit may be turned over to regulators.
Dutch court declares regional bank DSB bankrupt, ending hopes of sale or bailout
Oct 19th, 2009 - Los Angeles Times
AMSTERDAM (AP) - A Dutch court declared DSB Bank NV bankrupt on Monday, ending hopes the regional lender, which has suffered a run on deposits, might be sold or bailed out.
FDIC Offers Financing for Failed Bank Assets; Delays Loan Sale
Jun 3rd, 2009 - Bloomberg
June 4 (Bloomberg) -- The Federal Deposit Insurance Corp.,unable to get U.S. banks to sell toxic loans in a governmentprogram, plans to sell hard-to-price assets seized from failedlenders using guaranteed debt financing.
BankUnited Sale May Signal Shift by FDIC in Bank Buyout Rules
May 22nd, 2009 - Bloomberg
May 22 (Bloomberg) -- WL Ross & Co., Blackstone Group LPand Carlyle Group’s purchase of BankUnited Financial Corp., thelargest U.S. bank to collapse this year, came...
Toronto-Dominion, Wilbur Ross Bid On BankUnited
May 19th, 2009 - CNNMoney
(UPDATES with Toronto-Dominion bid.) Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Toronto-Dominion Bank (TD) and a consortium of private-equity firms led by billionaire investor Wilbur L...



