.......sounds good....................all MATH however and must pass the jackboot 'smell' test.....................that is a FORMULA..........it ain't like frankie's gonna cut a check...................FC is absorbing the failed bank's BHC...................."in accordance with all applicable laws and regulations"............yada yada yada JACKBOOT-isms.......imo....
.....back to the quadratic equation......................30% is what the FDIC suggested........................and gets applied to NOL's..............which are generally a function of the benefits of the NOL - tax loss carryforward......................ad nauseum...............
.....MATH, fred................30% of $429mm............$128.7mm.......there that iz again, caitlyn........we also saw $176mm, $112mm, $93mm (ouch!!!!)..............and, get this......rumors were spread one time that guy LOCKED IN $50mm worth of FRANK BANK on day one..........1/148, etc......and the first $40mm goes to the BK priority RATS....
.........heard carmen HOLDING ames class B stock totalled around, get this, larry.....................$128mm............(she had to pay a LT-CG).......too weird and probably a coincidence..............but this is WESTERN UNITED THRIFT............F/-ing bizarre, as usual........................