Canny Kanas

16 December 2010 By Rob Cox

Well, not exactly. But John Kanas didn’t just get a good price when he led the buyout of failed BankUnited from the FDIC. He and his team negotiated a 10 percent cut of the profit made by backers Blackstone, Carlyle and WL Ross. That should put nearly $100 mln more in his pocket.

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