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UWBI FACTS: 1. $5 per cusip share, on deposit earning interest; 2. considerable recoveries obtained, to date, by the UWB Receiver.....ultimately, and solely for the benefit of the only proven creditor.....estimated at $4 per cusip share.............one recovery/clawback remaining.............the sonterra/LIBOR litigation......complicated legal matter, currently at the u.s. appeals court (donnie's circuit/ny/2)..................estimates on the last recovery varies from ZERO...........to $2-billion, NET........
DREAM ON LOSERS.............ya got, or will have 10 bucks per, in the hole with a lottery ticket for tons more...................no worries and no hurries..................
FREE DONNIE and restore the CONFEDERACY.........................
PAY THE F**K UP, UBS Sergio P. Ermotti (search engine algorithm), YOU DEPRAVED ANIMAL..............ya gonna get slapped with a $50-BILLION PUNITIVE DAMAGES CHARGE ON LIBOR........and IMMEDIATE EXPULSION FROM THE USA................DEPLORABLE CRIMINAL ANTITRUST ACTS, Sergio P. Ermotti.........UNFATHOMABLE DAMAGES TO UNDERPRIVILEGED POOR SCHOOLCHILDREN.........GET OUT NOW, Sergio P. Ermotti......aimho....
......UBS STATUS...........$25-billion in punitive damages and EXPULSION FROM THE USA.............................
....SORRY, Sergio P. Ermotti............100% guilty and the PUNITIVE DAMAGES CALCULATIONS are pre-established..................
.............GET THE F**K OUT OF ameriKKKa, Sergio P. Ermotti..................after wiring the $25-bills.........................
............shoulda settled, Sergio P. Ermotti...........arrogant AH.............we play HARDBALL in the USA, with criminal scumbags who bring great harm to average citizens and underprivileged, poor schoolchildren who were BLATANTLY RIPPED OFF BY UBS OUTRAGEOUS ANTITRUST BEHAVIOR.........
.......................OUT, Sergio P. Ermotti......................aimho....................
________________________$75 per cusip share___________________________
and the math works perfectly......$15-billion settlement by the defendant class, on sonterra....for all of LIBOR in punitive damages......we net $2-bills, which is about $65 per.....plus the $5 per the Receiver already has.........and the $5 per in frankie's feces................easy, smooth.........$75 per........easy.................
now, secondarily, and per AI and others...........including Deutsche Bank.................a $2-billion sonterra settlement is a done deal.......???.....that nets the UWBI sewer rats right at $10 per...............plus the fdic $5+ per, now, and the frankie fecal matter $5+ per.....round up to $21 per, worst case..............
TINGLE.........TOOTLE...........$75 per...............or $21 per.............................and weed gets legalized in Florida in November.......WINNING......aimho.....
....UNRELATED, my dearest LAR LAR LOVE........one of the 45?+ LIBOR litigations.....the major LIBOR perp was Tommy Hayes...at UBS......he wrote a book and also tried to get pardoned by the BREXITs, which recently failed..................
......our LIBOR case = sonterra v. barclays......and is hung up at the appeals court with two decisions pending..............any minute, LAR LAR SWEETS........will be some type of complications on our cross appeals................no worries because we are in sonterra/LIBOR with house money and the FDIC is running the table.....for our benefit...........(20% of the net take = UWB Receiver)...................
....keep the opium-wormed, pre-rolls within reach LAR LAR................the end is near, per the FDIC..............
...............we gotta keep the VOLUME raised on our suit, because it could lead to major money, even on a settlement................aimho....
Hey Fred, does the following mean a LIBOR settlement now within weeks to days from announcing due following ruling?
_______________________________________________
Former traders Tom Hayes and Carlo Palombos LIBOR convictions upheld by Court of Appeal
Mukul Chawla KC was Leading Counsel instructed by the Serious Fraud Office in R v Tom Hayes. Mukul conducted that trial for the prosecution together.
The "Rigged" book released, Hayes and Palombos appeals denied for good, UK public is fully aware of the LIBOR issues. FDIC asked the court to hold attack-fire "protective order" and the judge gladly approved the motion to see whether the parties pull together a settlement.
...
......FCNCA...........$1,717.87...............+41.88.......... (+2.50%)............
....frankie's gettin richer by the day........ON OUR BACK..............when he should be pounding sand in the BUTNER prison.................
....we better end up equal to, or higher than 1 / 100 of the share price of FCNCA...........$17.18 per on the UWBI cusips, TODAY......
..........." OR ELSE"........to quote frankie's rep who told me to lay off of frankie.........."OR ELSE"..........????......or else she PIG F**Ks me.....???....
..................no hurries and no worries..............aimho..............................
.....UBS SHOULD BE EXPELLED FROM THE USA................GET OUT NOW, Sergio P. Ermotti, you ANIMAL.......................
.............UBS HAS NEVER ADMITTED GUILT, nor been slapped with PUNITIVE DAMAGES for the HORRIFIC LIBOR ANTITRUST SCANDAL...........which hurt average working people and underprivileged schoolchildren.............FROM ALL OVER THE GLOBE....................
....EGREGIOUS and UNFATHOMABLE criminal behavior.............
.....NO WAY OUT, Sergio P. Ermotti..................well, Sergio P. Ermotti, there might be one way out of this MONSTER MESS.............which will allow UBS to conditionally remain on 5-year probation in the USA............................$25-billion, Sergio P. Ermotti................pony up, Sergio P. Ermotti..........and we'll talk about possibly staying in ameriKKKa...........................DESPICABLE ANTITRUST VIOLATIONS....................Sergio P. Ermotti.............GET THE F**K OUT.....aimho.....
to me, sonterra will either fizzle into oblivion, with no fanfare.................OR LEGAL NEWS BLAST...............UBS and the other 15 LIBOR perp banks ARE BEING SUCCESSFULLY SUED BY THE FDIC FOR ALL OF THE LIBOR DAMAGE.....................Rock the F**K on, baby.....................
potentially a MONSTROSITY.........and going through a federal district court in..........????............BALTIMORE......???........beaten down city in ameriKKKa......venue-shopped.....???.................to get a jury sympathetic to poor, underprivileged schoolchildren whose school district bond issue was libor-indexed, and therefore..............BLATANTLY RIPPED OFF BY THESE CRIMINAL SCUMBAG BANK THUGS..............creeeeeeps.......
then, a high profile trial wherein UBS and the other banks get HAMMERED and VILLIFIED by the plaintiff ...............100% guilty and the jury gets to set the PUNITIVE DAMAGES AWARD....................for ALL OF LIBOR.............using the statutory calculation for damages.............$billions and $billions..............
OMG, this sonterra suit is gonna be fun fun fun....and the uwbi sewer vermin is gonna CASH IN, BIGTIME.........$75 per cusip share in the end.....aimho....
....................."FDIC RUMUNERATION PROGRAM WAS IMPLEMENTED"...............................
DUDE....we filed formal complaints with donnie (via jared), david boies, the fed, the sec, the us ag in denver, and the co ag........we went to the wsj, denver post, and denver bj.........fdic's legal rep......."satisfied" every one of these rats........uwbi shareholders will be taken care of, each was told, to paraphrase.....????.......
whatever....gotta see anything to believe it.........we do have evidence of frankie packing fudge and his mother's estate tax scam (imo)...............and we have evidence of this bizarre payment on the sale of the holdco entity (matrix funding corp??)..................and the proceeds deposit and statement on interest payments.....so, right at $5 per on the fecal matter...................................the FDIC's payout is unknown............the FDIC did give a vague statement on the receiver's recoveries to date and some bureaucratic gibberish on the final remittances, if any.....???...............
onward and upward.............no worries................sonterra/LIBOR might PAY OFF BIGTIME, to the uwbi sewer rats.........and might fizzle into vapor........
give 'em the middle fingers and the opinion waiver, larry....................then free donnie and restore the confederacy................
btw............small-cased letters are NOT tracked by search engine algorithms, we were told........cool secret, if true.............
DOLLAR AMOUNTS, if any, EVER....???......if sonterra collapses and the UWB Receiver shuts down, soon, as expected.................$9-to-$10, per.......rock solid on that, because that's what we have now.................$5 per of which is earning interest.........the balance comes from FASCISM LLC........cool............
THE DEEPER ISSUE, imo..........is sonterra...........those other 15 perp banks got released from the suit...........because those banks WERE COMPLICIT ON ALL OF LIBOR..........but technically, not on sonterra, itself, which is a pip-squeak suit.......................WE APPEALED, which is one of the cross appeals, we are waiting on at the USCA/2..........any minute..............THIS MIGHT BE THE HANGUP at the court............????.............ADD EM BACK AND WE COULD CASH IN BIGTIME ON THE SUIT ITSELF OR A SETTLEMENT....................billions and billions..............in punitive damages by 15 banks on all of LIBOR.....WTF.............
OR........UBS gets the main suit reversed and/or remanded...............???......not good, but might still get a modest settlement, so that we don't refile.....etc.........
ALWAYS A CRAP SHOOT BEING IN COURT...........especially at the appellate court, because that's where the decisions are made.......and also where the leverage to settle is...........for both sides.................
TINGLE.....TOOTLE.....Amendment 3 on the ballot in Florida in November......LEGALIZE WEED which is being downgraded from the Federal Class 1.......now, FREE DONNIE AND RESTORE THE CONFEDERACY..........oh yea!!!!!!!!!!!...........
AND GET US $20++++ per on the worthless POS cusips....................aimho.............
......FASCINATING..........watching the BIG BOYS.......play HARDBALL.............$BILLIONS in the sonterra v. barclays poker game.......and the usual legal shenanigans.................
........really, observing what the FDIC does, or doesn't do BENEFITS the uwbi SEWER RATS..........usually we are fighting these evil AHs..........whereas now, the FDIC is fighting for us, indirectly....................GO FDIC..........GO FDIC...................
.....sonterra is a gamble, but a calculated one, and the plaintiff might WIN..........should WIN.............having a defendant like UBS on the ropes, is super cool.......because they are proven GUILTY...............and are loaded with CASH.............WTF................WTF.............WTF...............
.....no worries on that worthless, wiped out, nasty UWBI garbage..........GETTERDUNNN...........or don't..........GETTERDUNNN..............up yours.....to all.........aimho...........
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GAME AIN'T OVER, Sergio P. Ermotti............UBS IS GUILTY OF USA ANTITRUST VIOLATIONS............outrageous abuse of the public trust............billions of dollars absconded..........ILLGOTTEN GAIN manipulating the LIBOR sterling loan indexes........................underprivileged schoolchildren BRUTALLY ABUSED by this egregious behavior........................
PAY UP, Sergio P. Ermotti..................$10-billion................or immediate EXPULSION FROM ameriKKKa........................possibly both, depending upon your attitude, Sergio P. Ermotti...........fight this resolution, Sergio P. Ermotti and a Baltimore jury will slap you with a $50-billion punitive damages judgement..............your choice, Sergio P. Ermotti..................
.....I would NET well over $1-million in accrued interest, on my UWBI cusips, over the next two years.......................if you turds wanna futz with this mess, for awhile...............just sayin'...................multiply guy gibson's accrual at over 10 times mine....................
....so, fellow fairies.................linger on a couple of years...........save me from making BAD DECISIONS with fast cash, were we to get paid out today........WEED GETS LEGALIZED IN FLORIDA, in November...............hello........
.
Fred
WAMU/UWB have one thing in common JPMC, and when JPMC is around or involved, THEY WILL ALMOST ALWAYS MAKE MONEY
FDIC IS CALLING THE SHOTS.........on UWB and consequently, UWBI...............(and that other crap which we do not associate with----nasty)........
My preference is to fight for the BIG MONEY, even if it is pestering or badgering UBS for a couple of spare $billies.....................and sonterra might continue, even if remanded and/or reversed.................the LIBOR crimes, violated the USA ANTITRUST statutes...........one...........and HARMED little people, as a consequence of the criminal behavior.........sonterra v. barclays is the only LIBOR case, however small, that lets the FASCIST FDIC go after the LIBOR perps, DIRECTLY.......
....ALTRUISM...........sometimes works, sometimes fails......................I say badger UBS, relentlessly until it throws money at the sonterra plaintiff.......................
....IF WE LOSE, and get nothing on sonterra, at least the nightmare is over.........WIN WIN................aimho...................but keep your eyes on the FDIC......been noodling with those AHs for 40 years..........................impossible to predict their behavior.................................
LG and I have always suggested the two are tied together at the hip and will close at the same time or very close
And that LEH and F&F as well will close to and associated with the market crash
SPECULATION IS THE UNITED WESTERN BANK RECEIVER.......(and Washington Mutual Bank Receiver - - but don't stir up those rats, please)......IS TERMINATING...............and this assumes (and DC EMHOFF) sonterra v barclays, likewise will have concluded immediately prior to.......????......
TOO WEIRD.....probably won't happen.........but it seems the FDIC's gamble on sonterra and CASHING IN ON ALL OF LIBOR ON A LOOPHOLE case........didn't work out, as planned.................might still............but the case in the appellate court this long, imo, means our favorable decision ain't gonna stand....????......
WHATEVER............nightmare has to end someday................some of us are accruing LARGE GREEN on the holdco net proceeds, safely being held in a deposit account....
UP YOURS to all.........FREE DONNIE and RESTORE THE CONFEDERACY................also, no theory on dollar amounts, if any, on the worthless cusips........leaning to TEN BUCKS, per, +/-...............double nickel, each, per.......................give 'em the middle fingers and the opinion waiver, larry......
.
.....any behind the scenes jockeying on sonterra..............by one DC EMHOFF and frank holding pressure....???..........to SHUT DOWN THE UNITED WESTERN BANK saga............???.................(remember, JPM was baked into this monster mess)..................and the FDIC embarrassment.........(since in fairness, the FDIC inherited the CRIME, from the OTS)................???????????.................
.....not to mention, a couple of frank holding-haters and trolls on the internet who ALLEGE A JOB KICKBACK, conspiracies, CONTEMPT OF COURT......etc......frank's people even directly confronted one of these internet freaks................C & D...."or else"...............????..........
.....bottom line: frankie and martin gruenberg KNOW CLEARLY WTF IS UP WITH UWB AND UWBI................so, whatever............
......close us down, today...............drag out the mess for another 2 years..............wipe-out, $20 per, 911 pennies per......??........no worries..............
......wink wink...........WE STILL HAVE UBS Mr. Sergio P. Ermotti by his small balls........and this dork has $500-BILLION in his man purse.......an ANTIRUST. conviction and $10-billion punitive damages award....................pending, imo......................tingle, tootle.................. ...
....I suspect we iz gonna lose the UBS appeal on sonterra and our appeal becomes moot.............reverse or remand....???.......definite problem at the appeals court on sonterra......WIN WIN, however it shakes out..............
...."checks in the mail".............slight problem with the dollar amounts......CHIN SLAM under $5 per on frankie's feces and the fascist dollars iz only $4 & sumptin, per......ouchie..........911 pennies per..................could be the pre-packaged sonterra settlement, but that's $250mm and only nets the uwbi sewer rats another dollar per...................911 pennies per, or 1,050 pennies per........................(yawn)................(yawn).............
....at least the nightmare is over......or could be...........and low-ball or small ball payout....aimho......
....now, FREE DONNIE and RESTORE THE CONFEDERACY.......................................
.....NO COMMENT....................heard off record that some BIG BOYS are "crafting" paper, on the worthless POS cusips................makes sense.............ya got an ANTITRUST VIOLATOR, child-abuser, dirtbag MIGRANT bank.................with $500-BILLION cash in its knockoff Hermes Birkin 20 Faubourg Sellier Bag purse (real ones are $400K).......
....some kinda complication at the appeals court on the cross-cases.....????........which is GOOD, regardless of the details.....simple solution........PAY THE F**K UP, SERGIO, OR WE TAKE YOU DOWN...................for $10-bills and immediate EXPULSION FROM THE USA.............
....we should probably take this BLOG, private, to maybe, TRUTH SOCIAL...........invitations ONLY.............no salamanders or sand-fleas or bipoles.........
.....up yours to all......aimho......no hurries and no worries..........none..........and ORIOLES are the best team in baseball, at present.................
never happened nor will it
.....will take your apologies under advisement, BEST INTEREST BOB.................accordingly, feel free to work on your sense of humor, thickening of skin and a possible enhancement of the man region area..........................your "best interests"........BEST INTEREST BOB...............
.....fascists are obligated, imo, to deliver a price point on our cusips of anything GREATER THAN, OR EQUAL TO...............1 / 100 of frankie's fudge factor.......to wit, comes now............................we don't really trust the devil, but these creeps do throw around BIG CHUNKS of MONEY, best interest bob............in the end........and UWBI remains a very serious matter, best..........aimho.......
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BRING THE 20 ON DUDE I'd be down wid it
...........$2-billies on sonterra = $20.50 per, bobbie.......versus.......$1,756.64......+117.01....(+7.14%).......FCNCA, at this moment......
.................so, $17.50 per, worth of frankie's fecal matter.............OR MY $20.50 per................BOBBIE........were you a math major in grade school, biglots......???.....
YES YOU SHOULD HAVE SINCE YOU SUPPOSEDLY HAD GUYS EAR
....not to rub it in, my fellow non-bines, but..............this is painful..........ARMAGEDDON in the USA, then this..........
.....First Citizens BancShares, Inc. (FCNCA)......$1,759.18......+119.55.............
....you fudge-packers shoulda taken and kept frankie's stock............versus trusting fascist bank regulators to remunerate you....???.....
......whatever.................early cocktails today, larry...........the vase, too....................
.............."GDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates"................
....(yawn)...........(yawn)..............where the F**K is our money on the Denver THRIFT stock, ms. scott.......???........
....ARMAGEDDON, WWWIII...........nukes in middle least.........CHINA ECONOMY COLLAPSES.........(yawn).....DONNIE IN BUTNER, WTF........................
..........USA COMMANDER IN CHIEF..........kamala harris..........(1st GENT....????.......UWBI caper perp...???....DC something - - - - weirdness with UWBI never ends....)
..............$$$$$$$$$$$$$$$, ms. scott...........F**K YOU on all else...........all else...............except weed, whites and wine).............
https://finance.yahoo.com/news/svb-owner-first-citizens-profit-114527251.html
whatever.............until we get our money, frankie is the world's biggest AH.................
one day, the FDIC will turn on the FRANK BANK..............
1,721.61
+81.98
(+5.00%)
Pre-Market: 8:34 AM EDT
.......KEEP OUT.....only news on this POS comes from the U.S. Court of Appeals, 2nd CIRCUIT........("sonterra vs barclays")........
.......we check this, 1st thing, every morning.................LONG OVERDUE FOR DECISIONS......but there are two cases, cross appeals........
.....these cases indirectly involve the U.S. government, so we believe both appeals will be "upheld" but could be remanded on legal technicalities.......
......no worries and no hurries......let the rats run around the bottom of the nasty dumpster..........$1,500 per day, accruing on my tab......aimho...
....FREE DONNIE...........RESTORE THE CONFEDERACY..........and GO ORIOLES...........
...bobbie, please....you're piling on the poor man........who threw his own mother under the bus to placate the UWBI sewer vermin............
...but seriously, bobbie.........WE DON'T KNOW WHO IS MAKING THE DECISIONS ON THIS POS...................beyond the holdco stock pledge chicanery.....Guy and I truly thought we were getting FCNCA stock..............then the bizarre waiver and the pledged stock was sold and sold with a kicker that the special issue stock would be converted to PREFERRED............????..............beyond freakie...................????.......................
.....the FDIC clearly is involved with all of this...........????.......even if it was only a "promise" to make a distribution of recoveries..........????......
....gotta see the END RESULT, bobbie.......but this entire situation DOES NOT PASS THE SMELL TEST..............and because FCNCA has gone up five-fold since WE DECIDED NOT TO TAKE IT................and trust the fascists to pay out more than we would have made with the stock.........????.................
.....I've got LAWRENCE D. KAPLAN, ESQUIRE, on speed dial if we get stiffed again, bobbie...............aimho.................
GO BACK sue his ass for breach of contract and get 1/98 he has used our NOLS so what can he say he BREACHED the contract and its just paper and not even that anymore COSTS HIM NADDA
DUDE: I don't care WTF ever happens with this POS.........1. we have to get al least the holdco proceeds, or frank holding goes to prison.....because the FCNCA transaction must be completed, legally, or the deal was fraudulent and there is a criminal statute applicable to this 'arrangement'........2. we - we optioned not to accept a conversion of our stock into FCNCA, but rather to keep the securities alive, in order to possibly accept distributions from the failed bank receiver.....
that's where we are.......all I wanna do is get high, have sex and play with my toys.............THAT'S IT, in life for me.............but I have this pile of worthless, wiped out UWBI cusips that are nagging on me, because they could be converted into a lot of money............could be...............any day, or in 2+ years.............onward........
.
.......heard tons of communications between the FDIC and UBS.....????............which is good, regardless.................
.......my take is, there is a pre-packaged settlement, and that both sides are waiting on the cross appeals to capture the legal ruling and then complete the settlement.........THIS IS STANDARD FDIC GAMESMANSHIP...............probably 100% accurate.........
........now, the numbers...........the dollars............WTF is in it FOR US..........????............absolutely no real numbers disclosed anywhere, except for what we scrape up...............and/or fabricate...........................
.........probably on the LOW side.........barely $5 per on the frankie's feces..........and $3.75 +/- per, pre-LIBOR.......and LIBOR might be nice ($2-billies)........or nothing....
.....REMEMBER, 1. we fought for 2 years to get a favorable venue, 2. we got Deutsche Bank to rat out UBS, 3. we secured the "Hague Letter" from the court.........so we have UBS/sergio BY THE BALLS.................which leans to a BIGGER PAYOLA..........$2-billies = $10 per, added to the sh*t pile......
First Citizens BancShares, Inc. (FCNCA).......$1,641.74....+18.99........(+1.17%).......
step-daddy/conspirator is cashing in, BIGTIME...........iz we...............????..............
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"Parties to a federal civil suit may consent to dismiss the case pursuant to a settlement agreement.' Because settlement is an option available until final judgment is entered, it may occur while an appeal is pending.
When it does, the parties to the case often decide to condition settlement on vacatur of the lower court judgment. Vacatur has the effect of "voiding" a judgment. Parties to a settlement agreement seek vacatur for several reasons."
LAWYERS ARE SETTLING SONTERRA TO GET CONTINGENCY.........cool.......do it................
seriously, UBS agreed to pay $2-billies.......???.......legal rats get 33%, versus a jury verdict in a year and no 33%......
WE GET IT..........standard, typical legal weasel-ing........we'll take it..............super secret and fast track.........
also, $2-billies, less the legal stake, equals about $10 per, ON sonterra LIBOR............
............$10.50 per, from frankie's feces and recoveries to date, and the hamilton, PER from LIBOR........$20.50 per, in 30 days.....aimho....
you fairies thinking, what I'm thinking.....???....re: FRANK B. HOLDING, Jr. getting nominated for USA President....???.....
WTF...but the democrats are gonna backstab GRANDPA JOE and nominate another candidate at a brokered DEM convention....???...
....First Citizens BancShares, Inc. (FCNCA)......$1,618.12...... +50.76............(edit - - stock now over $56, up) (+3.64%)............
...oh and those UWBI sewer rats that Mr. HOLDING ripped off.....wiped out dirtbags....vermin....aimho....
related, but ain't our case, LAR LAR, my dearest............keep the RAILYARD within reach, however, LAR LAR...............our case is likewise almost completed........
my question is, how will the settlement be PROCESSED.........????...........after the cross appeals are decision-ed, which are do at any moment......we understand our case is provisionally settled.........????...................
if UBS wants a grand-standing, court-endorsed, GUILT-DENIED, treatise............6 months of yap yap.........then, the Receiver terminates and the dividend gets paid and the cusips liquidated..........????............mouse clicks, LAR LAR...................
if the FASCISTS and UBS want a super-secret, no detail closure..........very cool..........15-day expedition..............FAST MONEY.............
going with the BOXCARS PER, lar lar sweets................not great, but if FCNCA craters down to $1,250 and our payola ends up around $12.50 per, total.......BRING IT...............aimho......................
More filings.
https://www.docketbird.com/court-cases/In-Re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262
4021. MOTION for Disbursement of Funds AFTER DETERMINATION OF REASONABLE
FEES DUE, IF ANY. Document filed by David Klusendorf. Return Date set for 5/6/2024 at 11:59 PM.
1. Supplement Notice of Motion
2. Affidavit Affirmation in Support of Motion
3. Supplement Memorandum of Law
4. Exhibit A Order
5. Exhibit B Affirmation of David Klusendorf
6. Exhibit C Retainer Agreement
7. Exhibit D Invoice
8. Exhibit E- Petition for Fee
…
agreed, bobbie.....but again, my point was to stick SERGIO for 10 $bills, which is peanuts to UBS...........and gets us to $53-ish, per.................two mouse clicks, bobbie.....................and some of us rake in many, many millions..............and we still might................????.............
and, in the meantime, bobbie.................interest on frankie's packed fudge accrues DAILY...............while we save ourselves from making possibly BAD DECISIONS on other investments...............I'd have lost on a couple of deals that have cratered badly.........those ASHFORD hotels, for example..............one land deal that is a monster mess I sidestepped and even US BANK itself.............etc...............rock on, bobbie..............DON'T GETERDUNN, bobbie............not a problem......WIN WIN, either way, bobbie...............
.
BOX CARS aint a BUZZ KILL at least to me it isn't
there you go again, BUZZKILL BOB.............my point from day one, on this sonterra mess (after reading the Deutsche Bank Settlement Agreement narrative which explained the basics of the suit, that we never would have known).............is TO CASH IN BIGTIME, and capture the punitive damages on all of libor.....WTF......from a jury trial in a venue that we fought for, for over two years.............
FEW OPPORTUNITIES IN LIFE TO WIN THE LOTTERY, buzzkill..................and we are earning heathy interest from the holdco proceeds............
but whatever, BUZZKILL...........if your prediction accuracy is 100%, buzzy and we get paid within 6 months.............GETERDUNNN..............with limited hocus pocus gibberish, BUZZY...........
onward and upward................................GO ORIOLES, until we have confirmation of a settlement.....and FREE DONNIE........and RESTORE THE CONFEDERACY.............................
.
Fred
I have said from the get go , THIS THING SETTLES BEFORE IT GOES TO TRIAL
....kinda looking to me, BOXCARS BOB, that the FDIC might NOT wanna fight a wounded foreign zebra that has $500-BILLION in cash......???........can pay lotsa legal fees in defense, BOXCARS..............just sayin'......................
.....back to the math, BOXCARS BOB..............fascists said we have $116mm in our recoveries kitty......????.........$450mm to settle sonterra = $300mm, net to plaintiffs, and we get 20% of the plaintiff net...............$60mm, or about $2 per............added to the $116mm, or $4 per, from the FDIC.............
.....dunno how to add, BOXCARS BOB...............but larry does and $6 plus $6 = well, hansel & gretal???, per.......BOXCARS, BOXCARS...............
.....whatever & SERGIO might wanna court-endorsed resolution.......???......6 months of yapper yapper.....then we click the mouse twice, BOXCARS....BOXCARS........nice........aimho...
HOPE your math is correct, as it works for me and I am sure it works for you as well
.....BOXCARS (12) per math.....scary cool accuracy.....sonterra settled for $450mm.....???.................
.....metaphysics and math.....MAGIC..........
"Newts" have the ability to regenerate not only their legs and tails, but also their hearts and brains! This amazing regenerative ability has long attracted the attention of regenerative medicine researchers.............................
To wit, comes now...........wewonders if this newt, salamander-esque amphib can REGENERATE its man region.............????.................start with the BRAIN, first, NEWT, and then work your way down................
and newt, you might also wanna trade in your wetback ladyboy lovers for more intelligent news sources...................
BOXCARS PER, on the wiped-out, worthless POS.........6 + 6, later this year after the sonterra proposal goes full SETTLEMENT process thru the court........no worries......aimho....
This is how bonehead
In Re: Libor-Based Financial Instruments Antitrust Litigation
New York Southern District Court
Judge: Naomi Reice Buchwald
Case #: 1:11-md-02262
Nature of Suit 410 Other Statutes - Antitrust
Cause 15:1 Antitrust Litigation (Monopolizing Trade)
Case Filed: Aug 12, 2011
Docket
Parties (351)
Related Cases (3)
News (4)
Docket last updated: 04/17/2024 11:59 PM EDT
Wednesday, April 17, 2024
4018 order Protective Order Wed 04/17 2:53 PM
PROTECTIVE ORDER AND STIPULATION...regarding procedures to be followed that shall govern the handling of confidential material... So Ordered. (Signed by Judge Naomi Reice Buchwald on 4/17/2024) (va)
how is that in any way connected to GLOBAL WARMING and/or ELLA ANN HOLDING............????.................FDIC wants all records destroyed on an UNRELATED CASE................standard protocol............
paper doll cut-outs and sock puppets............????..........time frame......................ETSY..............
.
It would appear that the FDIC is in the HUNT
Wednesday, April 17, 2024
4018 order Protective Order Wed 04/17 2:53 PM
PROTECTIVE ORDER AND STIPULATION...regarding procedures to be followed that shall govern the handling of confidential material... So Ordered. (Signed by Judge Naomi Reice Buchwald on 4/17/2024) (va)
4014 misc Proposed Protective Order Tue 04/16 1:38 PM
PROPOSED PROTECTIVE ORDER. Document filed by FDIC, as receiver, Federal Deposit Insurance, The Federal Deposit Insurance Corporation as Receiver, The Federal Home Loan Mortgage Corporation..(Martin, James)
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Moderators Nightdaytrader Docsavag Newtogame fredscott36 |
UNITED WESTERN BANKCORP INC. (UWBK)
Shares Outstanding: 29.26
PR FROM FEBRUARY 2011 ANNOUNCING COMPLAINT AGAINST THE OTS (OFFICE OF THRIFT SUPERVISION):
DENVER--(BUSINESS WIRE)-- United Western Bancorp, Inc. (the "Company"), a Denver-based holding company whose principal subsidiary was formerly United Western Bank® (the "Bank), today announced that on February 18, 2011, the Company filed a Complaint in the United States District Court for the District of Columbia against the Office of Thrift Supervision (the "OTS"), the Acting Director of the OTS (the "Acting Director") and the Federal Deposit Insurance Corporation (the "FDIC").
On January 21, 2011, the Acting of the OTS, in cooperation with the FDIC, seized the Bank and appointed the FDIC receiver based on three alleged grounds: (i) the Bank was undercapitalized and failed to submit an acceptable capital restoration plan ("CRP") within the time prescribed by statute; (ii) the Bank was likely to be unable to pay its obligations or meet its depositors' demands in the normal course of business; and, (iii) the Bank was in an unsafe or unsound condition to transact business. The Company alleges in the Complaint that none of these grounds existed at the time of the seizure.
A. Gibson, Chairman of the Board of the Company said, "The seizure order issued on January 21, 2011 by the OTS, appointing the FDIC as receiver, is arbitrary and capricious and lacked any rational basis in applicable law."
The Company's Complaint refutes the allegations made by the FDIC and the OTS, and importantly, among other facts cites:
The Acting Director of the OTS, without any reasonable basis, concluded the Bank had failed to submit a CRP acceptable to the OTS. However, despite the statutory requirement that institutions be given a reasonable time to submit a CRP, the OTS demanded that the Bank submit a CRP within seven days, a clearly unreasonable request in excess of its statutory authority.
The Bank's capital position provided no basis to accelerate the standard 45 day time frame for filing a CRP. On December 3, 2010, the OTS directed the Bank to take a capital write-down with the intent of lowering the Bank's capital ratio as much as necessary in order to create the illusion that the Bank was not adequately capitalized. The result of this arbitrary and capricious directive was to lower the Bank's total risk-based capital ratio to 7.8 percent (which is only 0.2 percent below the 8.0 percent ratio required to be considered adequately capitalized). But for the OTS's arbitrary and capricious directive, the Bank would have remained within the technical definition of adequately capitalized and not been subject to the requirement that it submit a CRP.
The Company believes that the seizure of a Bank with a reported total risk-based capital ratio of 7.8 percent and a pending recapitalization is unprecedented. If the standard applied by the OTS to United Western Bank was uniformly applied to banks across the country, a significant number of those banks would be subject to immediate seizure. The majority of the institutions closed by the OTS in 2009 and 2010 were critically undercapitalized, meaning that the ratio of tangible equity to total assets was less than 2 percent. A number of these institutions were insolvent; for example, one of these institutions had a core capital ratio of negative 7.11 percent and a total risk-based capital ratio of negative 7.36 percent.
The Company's research suggests the OTS has not accepted any CRP submitted to it during this financial crisis. Instead, the OTS appears to reject CRPs as a matter of course, regardless of merit, and then asserts that the failure to submit an acceptable CRP is grounds for receivership. The rejection of the Bank's CRP was part of this unreasonable pattern by the OTS.
No grounds existed for the Acting Director to reasonably conclude that United Western was likely to be unable to pay its obligations or meet its depositors' demands in the normal course of business. The liquidity concerns asserted by the OTS and FDIC were based on their unfounded disapproval of the Bank's 17 year-old business model and a fundamental misunderstanding of the Bank's long-term, contractual relationships with certain of its institutional depositors. There was no rational basis for the OTS or FDIC to conclude that the Bank would not continue to effectively manage its institutional depositor relationships as the Bank had for almost two decades, including through the worst of the financial crisis in 2008 and going forward. The institutional depositors would have maintained funds on deposit absent an arbitrary or capricious action by the OTS or FDIC to force withdrawal of such funds. The Bank repeatedly, most recently as of January 20, 2011, advised the OTS that this was the case. The Bank had ample liquidity to pay its obligations and meet depositor demands.
The Bank had over $400 million of cash at the time of the seizure, which represented approximately 25% of total deposits on January 21, 2011.
The Company and the Bank were very close to completing a recapitalization transaction of $200 million, with commitments in place of $149.5 million and parties identified to complete the transaction at the time of the seizure of the Bank by the FDIC. The completion of this transaction would have eliminated the need to seize the Bank, thereby avoiding a significant loss to the Deposit Insurance Fund. This information was provided to the OTS on January 20, 2011.
The Company is represented in this law suit by its internal counsel and certain inside directors of the Company and certain former inside directors of the Bank are represented by BuckleySandler, LLP of Washington, D.C. and certain independent directors of the Company and certain former independent directors of the Bank are represented by the Washington office of Paul, Hastings, Janofsky &Walker LLP.
I am not sure you understand, don't confuse the moneys that belong to the Bank (the ITR and JPM moneys due) even if the Government did not take the Bank, those moneys are the banks.
The government is liable because they took the Bank, our asset, our constitutional rights, under color of law and tired to defraud all of the shareholders as well as the employees the credititors and others. took assets held in the Banks Name and deprived all of us including the community. They Tarnished the management and the Banks Business reputation. I ask you what is it worth? An Unconstitutional move by government thugs.
And now they don't want us or any body to talk about the cover up
Jim Peoples, former CEO, left, and Guy Gibson, former chairman, are challenging bank's takeover.
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