More Bank Failure Fridays Not On Friday

Well, there were no bank failures on last Friday, but we have the continuing saga of BankUnited, which regulators have called "critically undercapitalized":

WL Ross & Co. and private-equity firms including Carlyle Group made a bid to buy BankUnited Financial Corp. assets provided they are put into receivership by the U.S. government, a person familiar with the matter said.

So it seems to me that it is time to put a fork in BankUnited, it's done.