[rabscuttle385]

Failed Bank Information for BankUnited, FSB, Coral Gables, FL

[rabscuttle385]

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[rabscuttle385]

WSJ: BankUnited Fails in Florida, Marking Biggest Collapse of 2009

WASHINGTON -- Federal regulators seized the troubled Florida thrift BankUnited FSB on Thursday, a failure the Federal Deposit Insurance Corp. estimates will cost its insurance fund $4.9 billion.

[KarlInOhio]

I almost put some money there. I'm pretty sure that the last time I was looking for a bank a couple of months ago they had a very high interest rate on bankrate.com. It was high enough that I checked them further and the comments out there scared me away.

I'm glad their rate was high enough to set off my "hint of desparation" warning.