Within months his failing institution, a small lender known as Proton Bank, was seized.
Three others were taken over this month, including Warren Bank, a small lender just outside Detroit.
Yesterday, First Magnus Financial, a small lender, stopped making loans because it could not sell mortgages to investors.
But he is still trying, and is now working with a smaller lender who is more optimistic about his prospects.
It's also hard to see how a small lender in New Jersey, his latest acquisition, will help Mr. Flowers scale the private equity charts.
Takeshi Kimura, left, a key adviser to Japan's banking czar, Heizo Takenaka, has resigned from an influential committee to help start a small lender.
Executives are looking at Chevy Chase Bank, a small lender in Maryland with $14 billion in assets, among several other institutions, according to people close to the situation.
Another small lender, UCBH Holdings, which caters to the Chinese-American business community, paid more than $43,700 in 2007 for a car and driver for its chief, Thomas S. Wu.
NEW YORK POST Greece to Rescue Small Lender to Avert Disaster | Greece's four biggest banks have rallied to save a smaller local rival, Proton Bank, from collapse, taking up a 50 million euro convertible bond to recapitalize the bank.
"Haiti is one of the most complicated environments for anyone to do business, let alone a small lender with an extremely poor clientele," said Alex Counts, president of the Grameen Foundation, a nonprofit in Washington that fosters microlending.
WALL STREET JOURNAL As Larger British Rivals Perk Up, a Heralded Small Bank Stumbles | Just as larger banks in Britain are recovering from the financial crisis, the Co-operative Bank, a smaller lender championed by lawmakers as an alternative model, is floundering.
