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From the WSJ: Bankruptcy Filing Near for Taylor Bean A bankruptcy filing is "imminent" for Taylor, Bean & Whitaker Mortgage Corp., lawyers representing the mortgage lender said in a federal court filing last week. ... Meanwhile, an internal email at Taylor Bean dated Monday, Aug. 10, referred to a new computer folder "to assemble all of our bankruptcy detailed spreadsheets and support." No surprise. Nothing new on Colonial Bank (or Corus Bank, or Guaranty Bank in Texas). CIT created a little stir this morning with an NT 10-Q SEC filing. This was just a notice of CIT being unable to file on time - because the executives are busy - and that CIT expects to file by August 17th (just happens to be the date of the cash tender offer). CIT reiterated in the NT 10-Q that: If

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