Florida's largest bank has failed.

redrumloa

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http://www.sun-sentinel.com/business/sf ... 6641.story

Coral Gables-based BankUnited, the largest bank headquartered in Florida, could be taken over by federal regulators if it doesn't boost its capital by merging or finding a buyer within 20 days, under an order this week from the Office of Thrift Supervision.

The order issued on Tuesday gives BankUnited 15 days to submit a binding merger or acquisition agreement to regulators.

BankUnited has been hammered by problem loans made during the housing boom. It said last year it had "substantial doubt" about its ability to survive.
 
Well, Friday is failed bank day. It's the day they go on the list so as not to panic folks in the middle of the week.
 
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