WASHINGTON/NEW YORK (Reuters) – U.S. bank regulators seized troubled Florida lender BankUnited FSB and sold it to some of the most powerful private equity firms in the world. The failure is the largest this year, and will cost the Federal Deposit Insurance Corp (FDIC) an estimated $4.9 billion. The Wall Street Journal reported that the government will take most of the expected losses. That means you and me Holmes! Growing up in Chicago makes you very cynical. Is it just me or do the mob guys now have Ivy League degrees and less garish suits? Whats it going to take to get folks in the streets with pitchforks and torches! If the bank f@$ked up let them fry. No one bails out my bad trades! And speakin of trades move your UDN stop up to 26.68 we are keepin most of this ride up! Good luck!
Friday, May 22, 2009
Miami Vice
WASHINGTON/NEW YORK (Reuters) – U.S. bank regulators seized troubled Florida lender BankUnited FSB and sold it to some of the most powerful private equity firms in the world. The failure is the largest this year, and will cost the Federal Deposit Insurance Corp (FDIC) an estimated $4.9 billion. The Wall Street Journal reported that the government will take most of the expected losses. That means you and me Holmes! Growing up in Chicago makes you very cynical. Is it just me or do the mob guys now have Ivy League degrees and less garish suits? Whats it going to take to get folks in the streets with pitchforks and torches! If the bank f@$ked up let them fry. No one bails out my bad trades! And speakin of trades move your UDN stop up to 26.68 we are keepin most of this ride up! Good luck!
