Colonial, Texas Rangers, Mexicana, Ronson, Cozumel: Bankruptcy

Colonial, Texas Rangers, Mexicana, Ronson, Cozumel: Bankruptcy
Bank holding company Colonial BancGroup Inc. won a major victory over the Federal Deposit Insurance Corp. when the bankruptcy judge in Montgomery, Alabama, ruled on Aug. 31 that Colonial hadn’t made an enforceable agreement to make up a $1 billion capital deficiency at the bank unit.
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