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New York Times
Oct 29
Comment
Billionaire Carl Icahn has disposed of more than 7 million shares of Guaranty Financial Group, the bankrupt Texas bank whose assets were seized two months ago and sold to Banco Bilbao Vizcaya Argentaria.
American Banking News
Aug 28
Comment
Less than a week after federal regulators seized Gauranty Financial Group’s banking unit and sold the assets to Banco Bilbao Vizcaya Argentaria SA (a Spanish bank), Guaranty Financial Group Inc (GFGF.PK) has filed for Chapter 11 bankruptcy...
Bloomberg
Aug 28
Comment
(Update2) The Federal Deposit Insurance Corp.
extended the period new banks must maintain higher capital
levels and face more frequent examinations, saying such
companies fail at a higher rate than more-established lenders.
Bloomberg
Aug 28
Comment
(Update2) Guaranty Financial Group Inc. sought
bankruptcy protection from creditors less than a week after
collapsing in the 11th-biggest bank failure in U.S. history.
Stock Blog Hub
Aug 24
Comment
Regulators shut down 4 more banks including Guaranty, the 2nd largest this year; total failed banks in '09 reach 81
U.S. regulators on Friday shuttered more four banks, including Guaranty. The shutdown of Guaranty, a unit of Guaranty Financial...
TheStreet.com
Aug 24
Comment
Fannie Mae and Freddie Mac were among the top performers of the financial sector Monday, surging 45% and 28%, respectively.
TheStreet.com
Aug 24
Comment
The South sees four banks shut down, bringing the year's total nationawide to 81.
TheStreet.com
Aug 24
Comment
Monday's early headlines include a warning of a double-dip recession by economist Nouriel Roubini, as well as a research note from Rochdale Securities analyst Dick Bove that argues 150 to 200 more banks could fail.
TheStreet.com
Aug 22
Comment
Regulators shut down two banks and two thrifts, bringing the total number of failed U.S. banks and savings and loans during 2009 to 81.
Bloomberg
Aug 22
Comment
(Update1) Banco Bilbao Vizcaya Argentaria SA,
Spain’s second-biggest bank, took over Guaranty Financial Group
Inc. of Texas, the first foreign company to buy a failed U.S.
bank this year as the toll of seized lenders climbed to 81.
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