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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): October 3, 2008</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>CORUS BANKSHARES, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

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    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
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<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>Minnesota</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>0-06136</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>41-0823592</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
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    <TD width="49%">&nbsp;</TD>
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    <TD width="49%">&nbsp;</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>3959 N. Lincoln Ave., Chicago, Illinois<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>60613</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(773) 832-3088</B>


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    <TD nowrap style="border-bottom: 1px solid #000000"><B>Not Applicable<BR></B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
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<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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    <TD width="3%" nowrap align="left"><b>ITEM 5.02:</b></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers</B></TD>
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    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On October&nbsp;3, 2008, Tim H. Taylor, Executive Vice President and Chief Financial Officer, gave notice of his
resignation as Chief Financial Officer of Corus Bankshares, Inc. (the &#147;Company&#148;), effective as of October&nbsp;6, 2008.</TD>
</TR>

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    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On October&nbsp;6, 2008, the Company appointed Michael E. Dulberg as Executive Vice President and Chief Financial
Officer. Additionally, the Company appointed Richard J. Koretz, Executive Vice President and Chief Operating
Officer.</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:4%; font-size: 10pt">As the Company&#146;s Chief Accounting Officer for the last 9&nbsp;years, Michael E. Dulberg, age 43, has been a central
member of the Company&#146;s financial team for many years. Prior to joining Corus, Michael worked for 6&nbsp;years with
Kraft Foods, with positions in corporate and operations finance as well as internal audit. Before that, Michael
worked for 5&nbsp;years for the public accounting firm BDO Seidman. Mr.&nbsp;Dulberg, a certified public accountant, received
a B.A. from the University of Michigan in 1987 and an M.B.A. from the University of Chicago in 1998. There are no
family relationships among Mr.&nbsp;Dulberg and any directors or other executive officers of the Company. There are no
&#147;related party&#148; transactions between Mr.&nbsp;Dulberg and the Company as described in Item 404(a) of Regulation&nbsp;SK.



<P align="left" style="margin-left:4%; font-size: 10pt">Richard J. Koretz, age 44, has been a vital part of the Company&#146;s management team for 17&nbsp;years, over that time
having been involved with, or in charge of, many of the Company&#146;s business initiatives. Prior to his appointment as
Chief Operating Officer, Rick was the Company&#146;s Senior Vice President of Finance, a position he has held since
2000. Prior to joining Corus, Rick worked for 4&nbsp;years with Andersen Consulting, working as a technology consultant
primarily in the manufacturing industry. Mr.&nbsp;Koretz, a certified public accountant, received a B.S. from the
University of Vermont in 1986 and an M.B.A. from the University of Chicago in 1991. There are no family
relationships among Mr.&nbsp;Koretz and any directors or other executive officers of the Company. There are no &#147;related
party&#148; transactions between Mr.&nbsp;Koretz and the Company as described in Item 404(a) of Regulation&nbsp;SK.



<P align="left" style="margin-left:4%; font-size: 10pt">The information called for in Item&nbsp;5.02(c)(3) has not yet been determined for either individual. The Company will
file an amendment to this Form 8-K containing that information within four business days after the information is
determined.



<P align="left" style="margin-left:4%; font-size: 10pt">On October&nbsp;6, 2008, the Company issued a press release announcing these changes. A copy of the press release is
filed as Exhibit&nbsp;99.1 and is incorporated herein by reference.


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    <TD width="3%" nowrap align="left"><b>ITEM 9.01:</b></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits</B></TD>
</TR>

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<P align="left" style="font-size: 10pt">(d)&nbsp;Exhibits

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Exhibit&nbsp;No.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Description</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release dated October&nbsp;6, 2008</TD>
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<P align="center" style="font-size: 10pt; display: none">2
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<P align="left" style="font-size: 10pt"><B>SIGNATURE</B>


<P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.



<P align="left" style="margin-left:45%; font-size: 10pt">CORUS BANKSHARES, INC.
<BR>
(Registrant)


<P align="left" style="font-size: 10pt">October&nbsp;7, 2008



<P align="left" style="margin-left:45%; font-size: 10pt; margin-top: -11pt">By: <U><B>/</B>s/ Robert J. Glickman </U>
<BR>
Robert J. Glickman
<BR>
President and Chief Executive Officer
<BR>
(Principal Executive and duly authorized
<BR>
Officer of Registrant)


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<P align="center" style="font-size: 10pt; display: none">3




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<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><B>EXHIBIT INDEX</B>
</DIV>

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    <TD width="8%">&nbsp;</TD>
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<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

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<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release dated October&nbsp;6, 2008</TD>
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Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 3, 2008
CORUS BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
Minnesota
0-06136
41-0823592
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
3959 N. Lincoln Ave., Chicago, Illinois
60613
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(773) 832-3088
Not Applicable
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02:
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers
(b)
On October 3, 2008, Tim H. Taylor, Executive Vice President and Chief Financial Officer, gave notice of his
resignation as Chief Financial Officer of Corus Bankshares, Inc. (the "Company"), effective as of October 6, 2008.
(c)
On October 6, 2008, the Company appointed Michael E. Dulberg as Executive Vice President and Chief Financial
Officer. Additionally, the Company appointed Richard J. Koretz, Executive Vice President and Chief Operating
Officer.
As the Company's Chief Accounting Officer for the last 9 years, Michael E. Dulberg, age 43, has been a central
member of the Company's financial team for many years. Prior to joining Corus, Michael worked for 6 years with
Kraft Foods, with positions in corporate and operations finance as well as internal audit. Before that, Michael
worked for 5 years for the public accounting firm BDO Seidman. Mr. Dulberg, a certified public accountant, received
a B.A. from the University of Michigan in 1987 and an M.B.A. from the University of Chicago in 1998. There are no
family relationships among Mr. Dulberg and any directors or other executive officers of the Company. There are no
"related party" transactions between Mr. Dulberg and the Company as described in Item 404(a) of Regulation SK.
Richard J. Koretz, age 44, has been a vital part of the Company's management team for 17 years, over that time
having been involved with, or in charge of, many of the Company's business initiatives. Prior to his appointment as
Chief Operating Officer, Rick was the Company's Senior Vice President of Finance, a position he has held since
2000. Prior to joining Corus, Rick worked for 4 years with Andersen Consulting, working as a technology consultant
primarily in the manufacturing industry. Mr. Koretz, a certified public accountant, received a B.S. from the
University of Vermont in 1986 and an M.B.A. from the University of Chicago in 1991. There are no family
relationships among Mr. Koretz and any directors or other executive officers of the Company. There are no "related
party" transactions between Mr. Koretz and the Company as described in Item 404(a) of Regulation SK.
The information called for in Item 5.02(c)(3) has not yet been determined for either individual. The Company will
file an amendment to this Form 8-K containing that information within four business days after the information is
determined.
On October 6, 2008, the Company issued a press release announcing these changes. A copy of the press release is
filed as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01:
Financial Statements and Exhibits
(d) Exhibits
Exhibit No.
Description
99.1
Press Release dated October 6, 2008
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
CORUS BANKSHARES, INC.
(Registrant)
October 7, 2008
By:
/
s/ Robert J. Glickman
Robert J. Glickman
President and Chief Executive Officer
(Principal Executive and duly authorized
Officer of Registrant)
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press Release dated October 6, 2008