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2011-01-31 — benzinga.com
"Florida's largest financial institution, BankUnited (NYSE: BKU) started crumbling in the wake of the subprime mortgage collapse in 2007. It would eventually be seized by regulators and sold to a group of private investors in May 2009. All told, the collapse cost the Federal Deposit Insurance Corp. $5.7 billion, according to the Miami Herald. That's the second most costly bank failure to come out of the housing crisis, putting it behind only IndyMac."
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