Correction:

A story Wednesday, "Goodwill Ruling Favors Thrifts; Damages Delayed," on page 3, misstated the legal underpinning of Bank United Corp.'s $500 million damages suit. The court ruled that the government had broken its 1988 promise to let the company leverage its capital more than would normally be allowed.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER