Replies to post #5665 on United Western Bancorp Inc (fka UWBKQ)

[drrugby]

Mesa, An OTS/(OCC)FDIC-R/UWBKQ settlement would have the following structure.

OCC/OTS would be responsible for Holding Company Bank Debts: 90m$
OCC/OTS would pay cash to the estate: 100m$
OCC/OTS/FDIC would remove all claims in BK Court allowing the tax refunds (cash) 50-100m$ and NOL's 150-200m$ go back to the BK estate: 200-400m$
OCC/OTS would allow the Holding Company to bid or have the banking holding company's next failed bank assets that come available thru a debt sharing agreement.

If an agreement is not agreed by June 13th and a delay is not requested by the parties.

IMO: The judge will rule and the OCC/OTS and FDIC-R will unscramble the egg one way or another.

GLTA

GO UWBK Go..

DrR..