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FDIC seeks to block Corus Bank parent from tapping refunds

Authors :
Morath, Eric
Source :
The Wall Street Journal Eastern Edition. August 18, 2010, pC14, 1 p.
Publication Year :
2010

Abstract

The United States. Federal Deposit Insurance Corp. seized failed bank Corus Bank N.A. Now it has filed a motion to prevent the bank's parent, Corus Bankshares Inc., from getting the more than $257 million in tax refunds due to the subsidiary. The parent corp filed suit against the regulators who took control of the bank.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.234797589