went to med school there and interviewed last year. good people, good program.
regarding SLU - from what I understand, there was some in-house political reasons that the anesthesia residents were not rotating in the SICU at the university hospital (someone else told me it was b/c anesthesia was treated poolry by some of the trauma attendings.. not sure). the SLU hospital is also in the Tenet Healthcare network and that is why the residents rotate there.
bankruptcy - in the late 90's the CEO of Allegheny General Hospital in Pittsburgh wanted a med school and bought out what was then MCP/Hahnemann in Philly, with eventual plans of moving the school to Pittsburgh. He was soon involved in a money-skimming scandal that left both AGH and the med school in the red. Shortly after MCP/Hahnemann ended the association and was absorbed by Drexel in 2002 as a college of medicine within the university - a great move. HUH (Hahnemann University Hospital - Drexel's main hospital) never closed. AGH never closed and is now affiliated with Drexel - but has nothing to do with the residency. MCP Hospital, a smaller community hospital in suburban Philly (which was traditionally associated with Women's College, later Medical College of PA) was closed by Tenet in 2003 or 2004.. I don't remember which.
Bottom line is that Drexel was never bankrupt. It was the failed attempt at what was called the "Allegheny University of the Health Sciences". Drexel Med is alive and strong, and well-funded.
Probation - lack of research was the big one i remember. there was also a rumor regarding the former dept head having friends in the ACGME and leaving on less than pleasant terms from the department. purely rumor, draw your own conclusions.
feel free to PM with questions, but I know more about the school and hospital in general than the anethesia dept specifically.