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Brickwell Bank fails; CorTrust buys its deposits, branch
Brickwell Community Bank was seized Friday by the Minnesota department of Commerce.
Biz Journal Saturday, September 12, 2009

Failure of Corus Bank puts condo loans up for sale
Chicago's Corus Bank, which made a disastrous bet on condo towers in South Florida, was closed by federal regulators on Friday.
Biz Journal Saturday, September 12, 2009

Washington state closes Venture Bank
State and federal banking regulators on Friday closed Venture Bank and arranged for a North Carolina bank to assume all of its deposits and acquire most of its assets.
Biz Journal Saturday, September 12, 2009

Condo lender Corus Bank fails
Corus Bank, the Chicago-based condo lender that revealed in February it had a half-billion dollar loan exposure in metro Atlanta, was seized Friday by bank regulators.
Biz Journal Saturday, September 12, 2009

Quadrangle focuses less on Europe, more on Asia
New York-based private equity firm Quadrangle Capital Partners will "substantially close" its London office and pursue its European investments out of the United States, an investor letter dated Friday said.
IB Times Saturday, September 12, 2009

Financial IPOs to test waters
A dozen or so financial companies, from banks to asset managers, are planning initial public offerings by year's end, betting that investors are over their aversion to the sector a year after Wall Street's crisis boiled over.
IB Times Saturday, September 12, 2009

Bain Capital's Dollarama files for C$300 mln IPO
Canadian retailer Dollarama Inc, backed by private equity firm Bain Capital, has filed for an initial public offering on the Toronto Stock Exchange, according to a regulatory filing.
IB Times Saturday, September 12, 2009

Pa. House passes Phila. budget relief
The Pennsylvania House of Representatives Friday passed a bill that would allow Philadelphia to close a $700 million budget gap by deferring pension payments and temporarily raising the sales tax in the city from 7 percent to 8 percent, according to the Pennsylvania House democratic Caucus.
Biz Journal Saturday, September 12, 2009

Denver's Spire nears completion
The 42-story Spire condo tower in downtown Denver is winding down construction and sales are ramping up.
Biz Journal Saturday, September 12, 2009

One year after the crash, investors fear risk, but enthusiasm grows
A year ago, Coloradans awoke to learn that Lehman Bros. investment bank had collapsed.
Biz Journal Saturday, September 12, 2009

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