QUOTE AND NEWS
Bloomberg  Oct 8  Comment 
Starwood Capital Group LLC and TPG’s agreement to buy $4.5 billion of Corus Bankshares Inc.’s real estate assets shows investors are ready to bet on distressed property -- as long as the U.S. helps finance the deals.
MarketWatch  Oct 7  Comment 
The Federal Deposit Insurance Corp. says a group of private investment firms led by Starwood Capital Group LLC has won the right at auction to buy a 40% stake in a firm that holds assets of Corus Bank, which failed last month, for $554 million.
TheStreet.com  Oct 6  Comment 
A group led by Starwood Capital won the bidding for the assets of failed Chicago-based Corus Bank, a report says.
Bloomberg  Oct 5  Comment 
A group led by Starwood Capital Group LLC won the bidding for the assets of Corus Bankshares Inc., the Chicago lender seized by regulators after its portfolio of construction loans soured, according to people familiar with the decision.
MarketWatch  Oct 2  Comment 
A group of investors led by private-equity firm Starwood Capital Group is the likely winner of an auction for Corus Bankshares Inc.'s assets, The Wall Street Journal reported Friday on its Web site, citing unidentified sources familiar with the...
Reuters  Sep 29  Comment 
Real estate developer Stephen Ross's Related Cos is among the bidders for the assets of failed Corus Bank, a source familiar with the matter said on Tuesday.
TheStreet.com  Sep 16  Comment 
Irwin Financial says there's "no realistic prospect" of meeting capital and liquidity requirements set by regulators on Tuesday.
StreetInsider.com  Sep 16  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Corus+Bankshares+%28CORS%29+Won%27t+Appeal+Nasdaq+Delisting/4949055.html for the full story.
PR Newswire  Sep 16  Comment 
CHICAGO, Sept. 16 /PRNewswire-FirstCall/ -- Corus Bankshares, Inc. (Nasdaq: CORS) (the "Company"), announced today that on Friday, September 11, 2009, Corus Bank, N.A. (the "Bank"), the wholly-owned subsidiary of the Company, was closed by the Office
Stock Blog Hub  Sep 14  Comment 
Regulators shut down 3 more banks including Corus; total failed banks in '09 reach 92 Three more banks including Corus Bank NA, a subsidiary of Corus Bankshares (CORS), were shuttered by the U.S. regulators on Friday as the recession continues...
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CORS AT A GLANCE
P/E -0.0197 
EV/EBITDA -0.771 
ROA -5.2%VERY LOW
ROE -195.6%VERY LOW
Debt to Equity -863 
Current Ratio 0 
Interest Coverage Ratio -1.80VERY LOW
 
 
 
 
 
 
 
 



References

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