Fidelity SPDR Advertisement
Home > Boards > US OTC > Delisted > United Western Bancorp Inc.(fkaUWBKQ)

READ THE JPM SETTLEMENT STATEMENT

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
Newtogame Member Profile
 
Followed By 16
Posts 2,772
Boards Moderated 3
Alias Born 04/21/10
160x600 placeholder
S&P 500, Dow Close At Record Levels
The U.S. stock market rallied on Friday, sending the S&P 500 and Dow Jones Industrial Average into record territory, after a surprise stimulus plan from the Bank of Japan was announced.
Top Equities Stories Of The Day
Omega Healthcare to Buy Aviv REIT
Sony Posts Hefty Loss
Starbucks Sales Growth Disappoints; Delivery Is Coming -- 3rdUpdate
Two Picks to Dig Into Pipelines, Shale Energy -- Barron's
U.S. Stocks, Bonds Dip on Fed Outlook
Twitter Demotes Product Chief Daniel Graf
Byron Wien: Slow Growth Good for Stock Market -- Barron's
Jefferies Expected to Book up to $15 Million Loss on Toms Shoes Debt, Sources Say -- Update
Newtogame   Saturday, 12/07/13 09:49:55 AM
Re: None
Post # of 31839 
READ THE JPM SETTLEMENT STATEMENT

http://www.justice.gov/iso/opa/resources/51720131119202421482972.pdf

The JPM settlement deal is for $13billion with a B

The $515.4million with a M is the settlement for the 10 cases that the FDIC settled with JPM.

The FDIC clearly made it known in the settlement agreement that it DID NOT cover the 17RMBSs that JPM sold to UWBKQ. And that they are going to pursue that issue.

In the letter to Sacks-- My take is that the FDIC is NOT going to pursue ANY non-JPM defendants in its pursuit. AKA any Officers and directors of UWBKQ.

I wonder what The FDIC or The Depart.of Justice, is going to do with the $12.5 billion from the rest of the suet.

New

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist