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News For cors Artecity Files Chapter 11 Bankruptcy Business Wire - Jul 27, 2010 MIAMI--(BUSINESS WIRE)--Artecity, the partially completed, 202-unit condominium development in Miami Beach, today announced that on July 26 th , 2010 it filed Chapter 11 bankruptcy to use $2.7 ... FDIC And Its Failed Moral Hazard Policies istockAnalyst.com - Jul 26, 2010 William Black: "Unlimited Taxpayer Bailout" of FDIC Coming; FDIC Shell Game Hides the Bailout Last Friday seven more banks failed bringing the total bank failures to 103. US bank failures this ... FDIC Selling Corus Loans to Starwood Means Betting on Failed Condominiums Bloomberg - Jul 20, 2010 By James Sterngold and Jonathan Keehner - Jul 20, 2010 “The private-equity investors definitely have an incentive to take on more risk while managing the loans,” said Steven Kaplan, a finance ... FDIC Selling Corus Bank Loans Is Bet on Failed Condos - BusinessWeek Fed sale of Corus loans propped up failed condos - Chicago Daily Herald Corus Bank Parent Co Challenges FDIC On $257M Tax Refunds Wall Street Journal - Jun 29, 2010 By Peg Brickley of DOW JONES DAILY BANKRUPTCY REVIEW The parent of Chicago's Corus Bank has moved to head off a grab by federal regulators at more than $257 million in tax refunds stemming from ... Corus Bankshares Sues FDIC in Chicago to Keep $257 Million in Tax Refunds - Bloomberg Corus Sues FDIC to Keep $257 Million in Tax Refunds - BusinessWeek American Banker - Chicago Tribune Bankruptcy Brief: Corus Bankshares, Inc. Files For Chapter 11 Protection JD Supra - Jun 17, 2010 SUMMARY: Chicago's Corus Bankshares, Inc. (OTC:CORS) voluntarily filed for chapter 11 protection yesterday in the Northern District of Illinois. With over 1.8 million documents filed in over 1,000 ... Corus Bankshares, Inc. Files For Chapter 11-Reuters Reuters Key Development - Jun 15, 2010 Corus Bankshares Enters Bankruptcy Court Protection BusinessWeek - Jun 15, 2010 By Dawn McCarty and David McLaughlin June 15 (Bloomberg) -- Corus Bankshares Inc., the holding company whose bank was seized by regulators in September after persistent losses on construction ... Chicago's Corus Bankshares files for Chapter 11 - Reuters Corus enters bankruptcy court protection - Chicago Daily Herald Financier Worldwide Corus Bankshares, Inc. Announces Resignation Of Michael J. Minnaugh As CFO-Form 8-K Reuters Key Development - Jun 15, 2010 City Wants Answers Over Concerto Completion Delays Eater.com - Jun 1, 2010 Over the weekend, the New York Times ran a profile of Barry Sternlicht, the Starwood Capital executive who, along with other investors, now owns all those Corus bank loans, including the loans on ... “We Can Be Proud Of What We Did” – Town Square Developer Dan Rosenfeld The B-Town Blog - May 12, 2010 by Ralph Nichols As work on the six-story condominium/retail complex in Town Square neared completion, principals of Urban Partners held their breath, month by month, until troubled Corus Bank of ...

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