Tuesday, May 19, 2009

FDIC Receives Bids for BankUnited

by Bill McBride on 5/19/2009 10:31:00 AM

Form Bloomberg: WL Ross, Carlyle Group Said to Make Bid for BankUnited Assets

WL Ross & Co. and private-equity firms including Carlyle Group made a bid to buy BankUnited Financial Corp. assets out of receivership from the government, a person familiar with the matter said.

The firms, which also include Blackstone Group LP and Centerbridge Capital Partners LLC, submitted their offer to the Federal Deposit Insurance Corp. this morning ...
emphasis added
"Out of receivership" says it all. This is unusual in that the bidders are picking over the carcass in public (usually the FDIC is more secretive about bank seizures).