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...with all deference to SAPPY YAPPERS, manacled by pagan calendars.......we are deeply engrained in BIG BOY HARDBALL..........relative to the UWBI liquidation............
.....accordingly, let's fight to the end, however long the battle ensues.....WE ARE WARRIORS........rare opportunities in life to CASH IN for real money.........
......two mouse clicks........two mouse clicks....................today or in two years................either or.............onward, speer..............
....let's ENJOY THE RIDE...................earning healthy interest on the holdco holdings...............nice........very nice........AIMHO........
..........GENERATIVE ARTIFICIAL INTELLIGENCE..........????...........
...bogus, over-rated snake-oil nonsense..................yes, super computers and nano technology are here and increase productivity and assist with decision-making and efficiencies.........................but a lot of the hype is over-kill...........the chip designers and chip makers are already over-priced..............mania madness............
......gotta have practical applications and make economic sense...................until then.............TULIPS...............sucker's gamble........
..........heard that Generative AI will completely TRANSFORM all of society.......WILL ELIMINATE the LEGAL SYSTEM in the USA....???? all the law firms and court processes.....which is 22% of the USA economy........and will eliminate the INSURANCE BUSINESS.....???......another 15+ % of the USA economy...... dunno.......might happen.............will be WINNERS AND LOSERS.......................aimho.............
....PLEASE HURRY THE F//--K UP WIT DAT UWBI PAYOUT............................tyia................
.............INVESTMENT OPPORTUNITIES FOR 2024.............?????................
.....total unknown except that all ASSET CLASSES are priced in a DANGER ZONE, relative to RISK FACTORS, imo.....
.....I've always got wounded zebras on my RADAR and I'm watching 24/7......markets are "FROZEN".....real estate, stocks, medium-sized manufacturers, BANKS.....inverted yield curve still signals RECESSION.............low un-employment, except that 7-million males between the ages of 25 and 54 are un-employed and not counted by the welfare-state USA government............????..........
....SIT ON THE SIDELINES AND KEEP YOUR MONEY INVESTED IN PREFERRED STOCK YIELDING 6.5%........and lever solid, low-priced stocks with options straddles for 20%+................and wait for the CHINESE FINANCIAL COLLAPSE.............USA will be right behind.................
....then we get our UWBI CASH PILE.........perfect timing...............WE LOAD UP........couple of banks I'm stalking and the FDIC has my back...???......ETC.......
.................2024...........bottom line...............DANGER...........DANGER.........DANGER..............don't get caught in the economic TSUNAMI......stroll too far out and the TIDAL WAVE WILL WIPE YOU OUT.............hang with the elephants on the high ground......................aimho...................
WE - WE are in the middle of a classic BIG BOY, super-deep-pocketed (=lawyered up) LEGAL STANDOFF..............lots of under-current legal issues........re: Sonterra/FDIC/libor.....
SOLUTIONS....???....1.....going through with the entire trial and appeals.....ALL THE WAY.............with lots of bumps and bruises.....and 3 years of torture........
2....."interpleader" by a court-determined interested party...and request an ARBITRATOR...which both sides would have to agree on and one always DOES NOT OR WILL NOT......
3.....a settlement......compromise.........make public and processed through the court.........or SECRET/CONFIDENTIAL, which is ok, if both sides agree...............STIPULATIONS AND CONDITIONS AND DOLLAR AMOUNTS.......
4.....VARIATIONS............settle after a jury verdict, before an appeal decision......settle before the jury verdict after watching the trial....etc...
Another possible solution is a 3rd party INTERVENOR.........SEC.....FTC.......again to force a compromise and settlement.............
Dunno fellow fairies.........might be a long, long time.............and the potential dollar amounts are likewise all over the place.....$0....to $10-billion........
Personally.................????............no worries given the interest we are accruing on the holdco holdings and observing the Sonterra case, with the FDIC is very interesting......................whatever............WIN WIN...........................GO RAVENS.................aimho........................
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......USA Federal Court of Appeals, SECOND CIRCUIT..............set forth 87 decisions in the past 30 days...........not ours, which is named Sonterra vs Barclays Bank......and others...............actually, a cross appeals package of two decisions...................????............
......we heard that the court has come back to both parties on the cross appeals, and there are, supposedly some oddball complications.............our understanding is there is a "delineation" on our appeals.....meaning the 14 banks released from the case, are selectively being added back, imo????.......whatever, UBS ain't going anywhere, and they are the meat of the suit...................apparently, the UBS appeal is being up-held, so GAME ON..................
...whatever.............cross appeals will be kicked out soon...........and then we proceed with the full bore suit.............ANTITRUST and damages on the Sonterra Fund....................BIGTIME LITIGATION..............
...........I know, I know, SUPER FRUSTRATING...........but, it all means more money, for us, in the end........................aimho, the middle fingers, on both hands.......
two computer MOUSE CLICKS, my fellow fairies....................separates us from closure on this NIGHTMARE................and might wire a few million dollars into your brokerage accounts.........................TWO MOUSE CLICKS and 80% odds (the highest given our statistics category) we get $10.50 per share...............
SACK TINGLE.................80% chance of getting $10.50 per, whenever............and the only obstacle is TWO MOUSE CLICKS by a clerical grunt following orders from the fascists.......TINGLE........hello...........flash 'em, larry........then give the opinion waiver.........
....WILL THE DEUTSCHE BANK SETTLEMENT (and agreement to cooperate with plaintiff) BRING UBS TO ITS KNEES on the Sonterra/LIBOR suit...............?????...........
....it very well might..........and it is court-endorsed, because DB is/was a member of the defendant "class"....................
.....so, if DB presents internal communications with UBS that blatantly proves the banks, or at least UBS conspired to fix the LIBOR index and RIP OFF bond borrowers......................slam dunk ANTITRUST verdict...........and BIGTIME DAMAGES..............the plaintiff can give the jury a simple math POWER POINT presentation and then demand that UBS be spanked for $10-billies..............oh yea!!!!!!!!!!!!!!!!!.............let's do this......................
...........PAY UP, SERGIO.................or we get you a date with LORENA BOBBITT........after we transfer $10-billion from your UBS federal reserve savings account............aimho....................
.....DTCC REPO RATE.....12.29.2023.....TREASURY 5.495%......and it has gone up and stayed up........
...........SACK TINGLE on our holdco holdings...........LET'S DRAG OUT THIS sonterra/libor or whatever the F//K-- it is for another year or two..............
........$40,000+ per month, as I nap and sip decaf.........am...........and cocktail.........pm................no hurries and no worries...........
....btw, WHATUP with that old Denver THRIFT stock cusip thing-eeee....????...........<yawn>......<yawn>........
.......................................Neal Kumar Katyal.................................................
....Neal is playing both sides, imo, because, on paper, Neal represents the U.S. government...........Neal fought the FDIC shopping for the Baltimore trial venue and lost.........the SCOTUS passed on the appeal and allegedly said, "no more LIBOR"....................
....back to Neal.........I can't read him.............as far as NEAL giving an opinion on whether UBS can get tagged with the ANTITRUST violation, by a jury, and what the jury will award for DAMAGES............just on the school district bond issue, within the Sonterra Fund..........OR ON ALL OF LIBOR...........Neal goes back and forth.....................
.....problem with Neal, is, he is a legal THEORIST and not a skilled, street-level SLASHER.............he yaps endlessly about hypotheticals..............and since he bills at $2,500 per hour.............Neal likes cases lingering for years...................
...BOTTOM LINE: if the FDIC can continue with its plan.............TO NAIL UBS and the other co-perps For ALL OF LIBOR and get money for ALL OF LIBOR.....then the FDIC should continue, even if the legal process is long and tedious..............let the legal system play out............if UBS wants the suit to go away.............then UBS should propose a settlement.................or we fight for years..................
....DEFINITE LEGAL CRAP SHOOT, my dearest LAR LAR....................
.....the only way this Sonterra/LIBOR mess SHUTS DOWN, however, quite soon is......................$$$$$$$$$$............and the good thing is that UBS has tons and tons of CASH.........................FOLLOW THE MONEY, lar lar........................except that the FDIC sometimes cannot be bought.................
.....SOLUTION, lar lar................UBS OFFERS UP $2-billies..........cash, in 10 days..................AND GETS DC EMHOFF (frankie & family) to RECOMMEND CLOSURE ON LIBOR.....................or something similar, but you get my drift, lar lar..........money and political pressure.....the expulsion threat is not credible, because thousands of U.S. citizens are employed by UBS........
................at present.....................mid-2026..............and if it gets us $29.50, per, in the end............no hurries and no worries, lar lar.......................
....FDIC is driving this train, LAR LAR and fought for 2 years for the favorable venue............then sent the "Hague letter" directly to the court and got a sign off to begin the documents request process, which the FDIC has begun.............and then re-read the Deutsche Bank Settlement Agreement narrative..............states clearly that the FDIC wants a jury verdict on DAMAGES for all of LIBOR......which the perps have never taken responsibility for...............(and the FDIC can say UBS paid off the city of Baltimore, which it has, so that Baltimore ain't getting dragged out and was compensated)........................
.....PREPARE FOR THE WORST, lar lar...................mid-2026.........................before we see any money..........if we see any money.........from the FDIC........
........................EVIDENCE............lar lar................sorry............
......AND IT APPEARS UBS IS WILLING TO GAMBLE ON A JURY TRIAL.......WHY NOT....???......UBS COULD WIN OR FIND JURY PROBLEMS, which there always are...........................
.....BIG MONEY CAN ONLY COME FROM A JURY TRIAL AND HUGE DAMAGES.........re: Sonterra/LIBOR/fdic.......................
.....even the jury selection would not begin until later 2024, after the prelims and jockeying.................trial itself at the earliest would be mid-2025........then the 6-month trial................the appeals is another year, or more.......................
.....sorry, losers..........AIN'T GONNA BE ANY MONEY, big or small......................probably until later 2026....................2026...............2026.............
....so sit back and chill.........................LONG LONG LONG TIME............................REALITY.............life with uwbi...........thank frank......and the FDIC.............aimho.......
......dunno if that is from i-HUB or porn-HUB, cream puff dear..............but this is ameriKKKa, sweetcakes...................$$$$$$$$ rules................
....on sonterra/LIBOR, both sides have strong "positions"...............UBS is guilty of the action, but this is a federal civil case.......DAMAGES.......and juries, generally award emotionally-charged HUGE DOLLAR AMOUNTS.......................Neal/UBS have entered a 7th Amendment writ, but that means nothing which just says a defendant has a right to a jury trial and the judge cannot over-ride anything the jury decides.................????........bogus flail, imo.............
....the other side of the "deep pockets" situation, honey buns..................rich folks can afford to settle..............hello, love dear......???.......sure, rich folks can fight for a long time and waste money on legal fees, or stop the bleeding with a settlement...............
...and finally, snowflake love.....................an ANTITRUST verdict...............is a possible DEATH SENTENCE, when levied technically by the Dept. of Justice, which is the equivalent here.........EXPULSION FROM THE USA, powder puff.........OUCH!!!!!!! (do it again, lovie)..............
..............much love, dockster..............the more time that passes........THE BIGGER THE PAYOUT FOR US UWBI FAIRIES..................aimho...............GO RAVENS................
....will..................1. the Baltimore trial venue;...............2. the Deutsche Bank Settlement; and..........3. the Hague letter approval..................FORCE UBS to SETTLE Sonterra/libor/FDIC........................?????........................
....doesn't hurt...............but UBS might wanna get to a jury..................regardless of how high the deck is stacked against it...............DAMAGES FOR ALL OF LIBOR........???........$10-BILLION.................which the jury WILL see that UBS could easily pay, out of its loose change purse.......
.....an ANTITRUST verdict, aside from the level of damages COULD RUIN UBS........expelled from the USA and a curtailment of all USA business.......at least government related, which is MASSIVE.....................
....UBS SHOULD NOT GAMBLE................and will settle........just a question of WHEN.......................and how much...........??????.................fascinating watching these two punch-drunk heavyweights hang on to each other, gassed.....................$2-billies, SERGIO......????...........try it................aimho...................Sergio, sir, you are a TOTAL FOOL not to shut down this litigation.....................ya dunnit dude...............stop the bleeding................aimho................
....I like your 'tude, LAR LAR..............your timing appears logical..............i/m/o, closure of the UWB Receiver = payouts to the uwbi sewer rats.........and, at present, the Sonterra/LIBOR suit is causing the FDIC waiting game.......????............UBS might get its appeal reversed, which is the latest goo goo.....?????........possible, as the ANTITRUST minutae could get UBS off the hook.................and if remanded, I think the FDIC/sonterra will simply walk off.................whatever, F/--K 'em all......
.........next question, LAR LAR, my dearest...........????................HOW F/----K-ing much.....????...............gotta stay with the FDIC's official and legally assigning statement of about $10 per share.............probably within the next year.....in Sept. or Nov., of 2022...........????..........those FDIC AHs control the entire situation and I would say.................any payout ain't gonna be too far off of ten bucks, per, very soon.................
.....and LAR LAR.................if we do get strung out for another year or two...............THIS WILL ABSOLUTELY MEAN MORE MONEY AND A POTENTIALLY MUCH BIGGER PILE................so, lar lar..................WIN WIN................ten bucks per within six months or $20 per in a year or two....................
......and UBS has DEEEEEEEEEEEEEEEEP pockets, if it wants the FDIC off its back..........long term, UBS should NOT make the FDIC an enemy.....just sayn'.................aimho.........
new braunfels, lone star confederacy............fascists' computer mouse click central...............CLICK CLICK.......?????.....
....PATIENCE IS POWER...................
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"".we simply do not know, yet"" .......buffy...............but we have investigated other FDIC payouts, dividends, distributions, settlements, equitable assignments and drug deals.....................THE FDIC DETERMINES THE "TAG" or taxable definition assigned to the payment..................DANGER, buffy.........because the FDIC caters to the IRS and both are sock puppets under the USA DEPT. OF THE TREASURY...............FDIC glows when it makes a payment and reports to its boss, the Treasury Secretary that the payouts are taxable and should be discounted by a recipient's tax bracket.................
....it might be safer for you to stay over on the ETSY website, buffy............................or WaMu................WILD DREAMERS paradise................
35,472 times.......??...........and quite profound, btw, buffy..........we don't understand the quantum physics behind your theories, buff..............and your advanced calculus is heavy on the 3-6-9 tesla "model" (ahem!!!!).................as far as YOU making inappropriate comments about Mr. HOLDING's own mother...........well, buffy, we get it........
now, your tax advice, buffy...........questionable............actionable, in a bad way.............BUT, buffy, in all of your reckless insolence, IF,,,IF.......you deliver the $16.41 per, on the worthless cusips.................we retract half of the slams we made against you and continue to defer the repayment of the $100K confirmed debt you owe us.......but, buffy......GETERDUNNNNNN!!!!!!!!!!.......and no taxable consequence.........mid, 2024..............tyvm.........................
....."best interest" is legally defensible, robbie.................and unlike your two-fitty per panic attack bail out, GUY MIGHT HAVE GOTTEN US BIGTIME MONEY.........we simply do not know, yet, robbie............................
...rising savings account interest rates, helped tremendously, and the claw-backs have come in as predicted...........WITH THE BIG DADDY, UBS/libor, still sitting there, which no one expected to be UNSETTLED..................might be big, might be small...................banjo goldilocks, in the middle.................
....Guy had no idea FCNCA would spike up 400%..................and playing the long game with the FDIC was based upon TRUST.........and Guy has TRUSTED the FDIC from day one.................Guy never bad mouths either frankie, nor the FDIC, at least in my presence.........................
....................HOPE SPRINGS ETERNAL...........this nightmare will end someday and we have chance to cash in.........we have lotto "tickets"..........and possibly $9 per, in the bank, as we wait, $5 per, of which is earning FAT INTEREST.........................
......THE FDIC MUST PAY OUT UWBI CUSIP HOLDERS AT LEAST AT A PER SHARE BASIS equal to, or greater than the price of one share of First Citizens Bank stock (using the 1/98 formula) THAT WE PASSED UP.............................in order to get the FDIC's claw-back from the UWB Receiver..............
......frankie pledged 344,000 shares of his packed fudge for the holdco NOLs............and we snubbed it and said, FU, give us the money (at $382 per, at the time in March, 2020)..............................we put the proceeds in a savings account and await WHATEVER, from the FDIC....................
......FCNCA..............currently $1,451.87 +7.59 (+0.53%)..................so, we better get $14.50 per, in the end on the uwbi cusips.............or WE MADE ANOTHER HUGE STRATEGIC BLUNDER (what's new???)............we have the equivalent of $9 per, at present.................we need about $5.50 per, ON LIBOR ALONE.......which is quite possible...........IF...........IF...........IF..............we settle LIBOR with UBS for about $1.5-BILLION.......gets us about $6 per, additional just on libor..........................$15 per, payout to the uwbi rodents, in the end.....................
...........$15 per, my fellow NON-BINARY BRONIES.....???.......I vote yes................soon..............aimho..........(and could be a lot more than $15, per, but follow my logic - - we got this)...........................
WE - WE can solve GAZA, WE - WE can solve CRIMEA, WE - WE can solve SONTERRA/libor.................seriously.....................donnie john........????.........not so much............donnie's gotta play the electoral college math game......or else.......
always protecting the FDIC, robert.........???...............neither tranche is from the FDIC.....1. frankie's tax scheme and 2. claw-backs that would have flowed back to the bank, had it not been WRONGFULLY SEIZED..................FDIC made money on this scandal...................
so you like getting stiffed by these fascist creeps, banjo karen...........????................not gonna get a blank check here, as you will on WaMu/DB Cooper........
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.....at present, the vibes on this POS are ALL NEGATIVE.......numerology is BAD........there has NEVER, EVER been a GOOD ENDGAME on a bank stock that is controlled by the FDIC.............under any circumstances..............ALWAYS a LETDOWN, a stiff, a low-ball.........in secret and MEAN-SPIRITED..........
.....just sayin.................FDIC represents USA citizenry and taxpayers and feels the LIBOR perps ripped off little people and must ADMIT GUILT.........or a jury in Baltimore will levy an ANTITRUST verdict......................
.....UBS says on many, many filings that it has paid out billions$$$$ to compensate parties impacted by the LIBOR index "mistakes"............
........here we sit and it's gonna be a long, long, long WAIT for closure of Sonterra/LIBOR/fdic...........and then the termination of the UWB Receiver.............
....LOW-BALL........nasty payout.......aimho..............sorry........up yours, losers.......beg somewhere else..............
DUDE: sorry, but the hot soccer moms in my hood are green card trophies and hannukah hos........and a couple of red dots.........NA..........poison water..............
time to focus on the wounded zebras.........need that uwbi dry powder, which is taking forever......shouldn't be much longer......and it is fascinating watching these AHs play legal chess..........aimho.................
......BIGLOTS, you must have a love interest with the FDIC...............that was my whole point, using real math to deduce how we will end up.................
......SYBIL/PSYCHO, biglots................FDIC has told UBS to fess the F/--K up, or pay $5-billion.........or GET THE HELL OUT OF THE USA.................
......very, very tough to predict, BIGLOTS BOB.................A--I ain't gonna ever figure out the FDIC................
....BIG BIG MONEY with uwbi is possible, biglots, but so is a weasel LOWBALL............UBS has DEEP DEEP POCKETS and can buy its way out of the last of LIBOR...................or it fights................aimho............................
still haven't fixed that E/D, BIGLOTS BOB.....???..........our number is $29.50 per, given 5 $billies stated as a minimum settlement amount, if "responsibility" for all of LIBOR is not claimed by UBS.................REALITY, bobo..................alternatively, jury trial in BALTIMORE.............GO RAVENS.................
...
.....AGREED, lar lar..............I don't think either side of this mess knows the final Receiver dollar amount......????........Guy might have simply agreed to trust the FDIC knowing that WE HAD TO........in order to get any of the recoveries and then the FDIC might have said they control the taxability....of any amount.......
....so we wait, simply based upon the FDIC's promise.......why not....???.....even just an added dollar per, and no taxability works for me......and all of us, really.......
....dunno, LAR LAR, but I'm sensing the end is near.............and it will happen quite fast................on sonterra, there is some weird sort of "delineation" at the appeals court, which to me, means, our appeal will get adjusted to add a couple of the banks, in addition to UBS......and then the $250mm settlement kicks in......
.....whatever, lar lar, just end it...................and the FDIC is quoted as saying $10 per, so, that might end up being the end game.......AIMHO..................
....current worry, if applicable..............the assumption is sonterra or whatever, is soon settled or closed or ended.............re: UWB Receiver, likewise will shut down soon..............here's the concern: my understanding is we are assigning?? the holdco proceeds to the FDIC's REMUNERATION FUND ACCOUNT????......to be combined with any monies the FDIC is sending out to the remaining creditor on the failed bank, which is us..............????..............
....ok, I get it, NOT TAXABLE, which is sweet, but......but......but.....we lose control of OUR MONEY, one, and the FDIC can SUBTRACT OFF THE SUBROGATED LIABILITIES, on the bank's Balance Sheet........which is current and equals $150mm...................ouch!!!..............
.....this is potentially quite NASTY, imo..............dunno what the numbers are, but if we add our holdco five per.....to the FDIC's $5.50 per...........and then subtract off the $150mm........which is five per..........................WE ARE ONLY GETTING $5.50 per, of non-taxable monies...........?????..................
....this is worst case, but my point is that the FDIC can still rip us off and will, 100% guaranteed.............the only hope is the dollar amounts are higher, to start with, then if we get stiffed, by the FDIC.............we'll still get closer to $10 per............or more......but very doubtful................AIMHO.......................
.....AI....artificial intelligence, if used on UWBI.............???..............I believe would "project" a payout of $10.50 per, on or about 6.14.2024..................the hard evidence and algorithm-traced data....................$9 per, accumulated, at present..............and the $250mm settlement on Sonterra/LIBOR..................which equals right at $1.50 per, net to the UWB receiver......................
........CON----------------mother-------F////K-------ing---------------CRETE........................let's do this and move on in life.....................aimho....................
....off the RECORD, re: WaMu, lar lar dear...............(I don't want to get sucked into that mania, via the lodas---esque position)...............WaMu had like 30 cusips, of all types, and flavors.............only about 8 or so, are "active"............................meaning..............if the FDIC as the WaMu Receiver, completes the claw-back, on WaMu....................the open cusips will be paid out equally, imo...............$$$$$$$$$$$ divided by 8, or 7 or whatever............
....that's the weirdness with WaMu............the socio-paths and nuns over at Mr. Cooper............are lost souls...................any payout on WaMu legacies AIN'T got nuttin to do with Mr. Cooper as an ongoing business...........and note that Mr. Cooper owns and controls the original WaMu servicing trust........long separated from WaMu...............
....whatever, lar lar................all of UWBI and WaMu is water under the bridge...........long gone.........buried deep....................
.......the beauty of UWBI is.............we iz gonna git a pile.............someday..................big pile...............aimho....................
......good question, but no......I dug into the Lehman real estate securities, and watched............all paid off a couple of years after the meltdown, at a premium and almost all of the other LEH cusips have paid out, been settled, or been traded...............I believe there are some LEH bonds lingering, and the original LEH stock is somewhere...................DO YOU HAVE SOME OF THAT LEGACY LEH DEBT, lar lar..............????................I don't follow you...........???.....
....SOUNDS GOOD, LAR LAR LOVE......methinks you are in the ball park..........closure on UWBI lies with this SONTERRA/LIBOR mess..........that's the last step...................the Deutsche Bank Settlement Agreement might lead to a settlement...DB agreed in the dock to cooperate, (which is unbelievable to state to a court).......???......it was an FDIC trick, and a great one......as Deutsche Bank allowed the AGREEMENT to be made public and then added a narrative on the entire Sonterra legal case................UBS might scoff at it.................
....the FDIC is impossible to handicap or predict upon.......1.......SONTERRA SUIT OR NO SUIT............and 2....... assuming a settlement, how much and what would drive it................the FDIC wants money for all of LIBOR, and the defendant has LOST THREE ATTEMPTS to get the suit dismissed on those grounds......a hometown jury in a federal district court is a GUARANTEED win for the plaintiff...........WE already won.......question is $$$$$$$$$$$$$........AN ANTITRUST verdict, which to me clearly meets the definition = = = = monster damages and EXPULSION, since only the FTC and Justice Dept. can bring EXPULSION and the cessation of the business entity committing the violation...........UBS CANNOT RISK THIS, however, admission of anti-trust in a settlement agreement is DANGEROUS......unless you specify no expulsion.........still risks if, like UBS F/--Ks up down the road on an unrelated matter and this comes back....???
...bottom line, my dearest LAR LAR, in this great festive aura of the seasons, enjoying judeo-christian pagan rituals.......NO WORRIES AND NO HURRIES......
.......(and I hope you don't wake the baby, larly dear...............you know the drill..........no sex and your turn for the loaded diaper).............aimho..
......
that might be your best post, ever, BIG LOTS BOB.............seriously..............and what scares me, is getting too old to make it happen.......I've done okay, but I want to really throw down some shade, business-wise...................(I have a two-bank merger at the initial stage and $20mm (of the $30mm win wink) would give me control and a GARGANTUAN end result)....................(also have options on two beach lots which is super ballsy if I could pull that off - 2 spec houses at $5mm each).......
whatever........point being, BIG LOTS..........life is short and my best college homie died suddenly in Jan and I almost died in Sept........and I really ain't been the same since..............but whatever........onward..................GETERDUNNNNN!!!!!!............I scare myself sometimes....................
...to each his own, BIG LOTS BOB.........I have a PLAN for any UWBI monies harvested...........basically divided up into four grids and then each grid is assigned specific investments...............REAL ESTATE.........PREFERRED STOCK............BANKS.............."investments" (very, very dangerous here)...................
...simple....equal-weighted............real estate, for example will have a REIT, a high-yield ETF, beachfront house lots and common stock, raw real estate........
....gotta GET THE MONEY, first, BIG LOTS..................that is becoming problematic............and the DOLLAR AMOUNT WILL DRIVE MY DECISIONS......there is a big difference between, like $4mm with a nasty tax consequence...............and $20---to----30-million and no tax consequence....................
.........FUN FUN, big lots, just dreaming...............hopefully, the nightmare has a happy ending........looking good at this point..........aimho..................
....none of my business, BIG LOTS BOB, but gifting money to someone = GIFT TAX, which the IRS always closely tracks, imo, and you know my position on paying off mortgages with CASH......just sayin'...............lever your cash into aggressive investments throwing off 20-40%............or more.....................
....back to UWBI, big lots....................fascinating legal chess game going on............I like watching the moves that each side makes.......the FDIC is a master-BLUNDER-Er, and F/---Ks up all the time, imo..................they over-think, and get cute and mis-judge all the time. but get away with it, because there is no consequence and money doesn't really matter...................
.....bottom line, BIG LOTS.....................WIN WIN................longer chase = better catch, which here means bigger.........................
...............TWO MOUSE CLICKS, big lots.......................TWO......................very cool...........aimho.................
....you fairies wanna know the MOST IMPORTANT FEATURE IN ALL OF SONTERRA/libor/fdic............????.................
......UBS.....9/30/2023...Cash, Cash Equivalents & Federal Funds Sold $389,401,000,000..unrestricted, per USA GAAP....
....that's a lot of billies, my non-binary homies........................
......Sergio can approve wire transfers up to $5-billion.........ya following my logic, non bines.......????.......
.....no worries on the uwbi payout time frame, nor dollar amounts...we got this....$389-billion in cash.....!!!!!...aimho.....
.....this Sonterra/LIBOR/FDIC matter is deeply complicated and both sides have coiled back............note the FDIC shopped for a venue and went to the SCOTUS to get a jury in Baltimore......then the FDIC filed the Hague letter directly, even though we have three HUGE law firms closely in tow........UBS and its homies have hired Neal Katyal and floated a friendly brief suggesting a challenge to the U.S. Constitution (whatever that is....Magna Carta---esque).......Amendment 7, which might work..................ETC....
....supposed to be a pre-cross-appeals SETTLEMENT AGREEMENT wherein UBS admits to a "qualified" liability and puts forth $250mm......???......which nets the UWBI sewer vermin a buck/fitty, per.............added to the $4, in recoveries and the $5.00, in holdco holdings.............$10.50 per, the end.........soon...............
.....then we re-read the Deutsche Bank Settlement Agreement narrative.................FDIC is out for blood and ain't settling and wants a Baltimore jury to nail Sergio to the cross.....?????.......(larry, please!!!!)...............$2-billies was cited, boldly..................
....whatever............QUANTUM PHYSICS and advanced calculus algorithms..........VIA BIG LOTS BOB's LEGAL THEORY.............or REALITY...............2+ years and a jury trial will at least progress to the sitting of the jury..............and even opening arguments................
.....my advice to UBS.....agree to everything the FDIC wants.............my advice to the FDIC.......drop Sonterrra completely and move on.........aimho........
LAR LAR LOVE: there are numerous legal undercurrents, imo, with Sonterra.........I knew UWB had a small LIBOR claim, which I thought was long settled, along with RBS..........????..............so this Sonterra, our specific LIBOR, shocked me when I read the history..........?????................
the LIBOR scandal was a long, long ago problem.............and then a couple of lingering cases...........IS OURS........WTF........there are 4.......LIBOR cases left, in the whole world...........out of hundreds, all settled except our 3 - - - "combined, legally".................and the Bernie Madoff case, the 4th chose to be last.....????.......
back to ME ME ME ME..........ANTITRUST and the FDIC is TNT dynamite..............corporations hurting little people......in the banking arena........FDIC gets psychotic.............rabid..................bank dorks, in Europe, cheating little people in the USA................uncool................and UBS has settled every case, along with all the big banks........settle, pay, settle, pay..............settle pay........and UBS has this legal MASTERPIECE disclaimer treatise.........read 'em.......and this disclaimer INFURIATES THE FDIC.............UBS denies "liability" on all of LIBOR every time................
SO WE IZ GONNA TAKE UBS DOWN......................hard.....................watch....................aimho.............................
LAR LAR: gotta re-read the Deutsche Bank Settlement Agreement, narrative.........and the Bloomberg News story of the DB settlement........and also peruse through the entire case history................FDIC might not want to settle for any amount.....????.......the DB story states the FDIC wants the "Anti-Trust" tag placed on at least one LIBOR suit.......and this Sonterra is the only one the FDIC controls directly..............further, the DB dock suggests an emotional jury and $2-billies......not sure about the Anti-Trust tag.........
.....the defense has suggested some type of US constitutional Amendment 7 claim, which would force the case up to the SCOTUS.........????........point being, UBS and its cohorts could win the case...........somewhere...........but guilt has been established.............so all we have are DAMAGES.....and UBS has paid off the city of Baltimore and apologized..........
.....UBS, financially is HUGE and several billion$$$ and immunity is a no-brainer........if the FDIC backs down.........which it won't........imo............
.....we got nothing to lose, my dear LAR LAR...........let's sit back and play the game as long as possible..............we could really cash in on this nightmare.........
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......gonna take a jury trial and verdict to get sonterra $5-billies....................2+ years...................................................