Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
venable LLP..................be dat who, imo, drives this runaway FREIGHT TRAIN...................indirectly, but they got frankie into this mess, actually created the mess, imo.................then, are maneuvering to get frankie OUT OF THE MESS THEY BOTH CREATED.......................????...............might work, because the FDIC is in cahoots with these two criminal conspirators...........imo.......................
saw where venable LLP "managed" all of TAYLOR SWIFT'S business and legal activities, and then the managing partner simply quit venable LLP and created a full-time manager job at TAYLOR SWIFT LLC.........????.........her shows, btw, are fascinating.....I passed on tickets in Tampa, as I'm not in to crowds, at present but she made about 12 costume changes and rang out between 25 and 30 tunes........and is doing this 52 times in the USA.....????.......WTF.....???....
but, this post is about US.....me and you and Guy Allen Gibson...........US.....and our money and our STOLEN THRIFT..............hello..........BACK TO VENABLE LLP................seems like they are solving this disaster, for us and the nightmare will end soon.........????......
latest on Silicon Valley Bank that frankie was handed on a silver platter..............POSSIBLE HUGE LITIGATION WITH THE SVB HOLDING COMPANY.......the FDIC let them keep a ton of "securities not purchased"......(ahem!!!)..............in trade, because the FDIC did not go through the required protocols to give frankie SVB - the bank....................similar to our mess............WRONGFUL SEIZURES...............FASCISM.................hello.......????...........aimo...........
all is well that ends well...........and $10 per, in 2023 works for us.............we'll see...........at $1,100 per day, for me while we wait........I can wait 6 months++....
.
.....for the past 8 years, we couldn't find a bank that was failing that we could exploit........and any bank that dipped (like the tax credit banks) got piles of capital from all over, thrown at it..........................and almost no failures......................
.....at present...............I'm buried and looking at more than a dozen and I just found another pile.......................under $2-billies............upside down, basically, but the FDIC's formal exam programs haven't caught up with the spike up in interest rates...........AND THE FAILING USA ECONOMY..........
.....stockpile dry powder, my comrades.........................get that Denver THRIFT money.........ASAP............................
......our timing might be perfect and guess who or what is OUR NEW BESTIE..............?????.......................oh yea!!!!!!..................martin............how cool is that.........???......but get the cash..........................CASH...............CASH..............CASH........................
........................................FSEA......................................
no comment other than do your DD.............wounded zebra................the 1st of many........
show your fascist friends $5mm (or like $3.5mm, imo) in fresh cash............(or short the F/- out of it - - $8 per, and going, well not up, imo)..........
then wait for the key fob to the front door...(5 doors).......................
....I hear ya, bobster..............I'll admit to having movement to my needle.......not too big, but gotta do one big bank merger and lock down a couple of building lots....................still managing stock portfolios and dabbling in a couple of small businesses..................................but the pressure will be lowered..............
.....you're giving me the fever, bobo.....................new horizons.................gotta get at least $10-millies of fresh cash in my waist-band............but I feel we deserve it and we earned it....................soon, hopefully...........but the fascists took care of frankie brownshirt and indicated that they are taking care of us...............so we'll see.......................soon..................
and not posting on WaMu, barbie....................????.................
.
.....I'm HOPE - HOPE HOLDING that the LIBOR/sterling case is settled, soon...........for serious money................UBS is posturing like it wants to fight.................or drag the case out for years........
......the LIBOR/sterling payout is our last HOPE (ahem!!!!) for a SPIKE up from the $5 per/$3.75 per........FDIC is hinting at that $250mm, pre-packaged settlement, which nets us another $1.25 per and shuts down this nightmare at the TENSPOT per, bobbie................I'd go with 80% odds of this happening which, statistically = 100%...............but we close, soon and ten bucks per works well for me............
....cool bobbie, I get it.....................but be mentally tough, or tougher and put a positive spin on the time frame.................BIGGER PAYOUT due to another strange twist.........with the Receiver's claw-backs, which is a gift in itself.................WINNING.......................WINNING, bobbie..................
....rare in life to have super positive outcomes............especially with pink-sheet, freakshow stocks....even banks...................................FDIC can be evil demons...........but on occasion, the FDIC comes through...............LET's BE POSITIVE, bobbie and believe that time = money......more time, more money...................(and if it's any consolation, we have, i/m/o, $5 per, earning interest, in trust, and about $3.75 per, in receiver's recoveries coming - - - in addition to any more money from LIBOR/sterling)........
................ARMAGEDDON = $8.75 per, bobbie..............and handsome interest while we party.......party, bobbie.................
.............no worries and no hurries.......................and $1,100 every, mother-----f---ing-------DAY.........
deutsche bank................that be the pivot player on your libor/sterling matter..........................close relationship with the fdic........remember that don guy.........??......db and marty, and don..................................just sayin'...................then db goes rogue on libor/sterling and rats out ubs..........to the benefit of marty and uwbi........................
.....ROCK ON, Reichstag....................(and put my daily $1,100 ATONE from this worthless POS, in an envelope near my front door.............).........let's ride this train for another 6 months............................
.
my advice to you, peach-fuzz poo bear, and your GRINDR partner, beachball bobbie.......................buy mega million lotto tickets for tomorrow night....................$1.250-billies...............nets about $500mm, claiming on an LLC....................
perpetual tingle, sweet-cakes dear.....................................$1,100 per day while I wait patiently for $15mm................................guaranteed......................................which is why I wanna drag this mess out as long as possible, thank you.....................................honey buns......................
...TRUTHFULLY, I really don't GAD............BANJO BARBIE knows exactly how many shares of this worthless, wiped-out ROADKILL stock that I own (2/3's in a ROTH IRA - ROTH!!!!! - which makes it worth 30% more than face)........................and a little ole guarantee from one martin - middle name is james - gruenberg........?????................$10 per share, by law, probably in 2023........AND IF IT GOES BEYOND THIS YEAR, IT MEANS THAT MUCH MORE................$$$, per....................tingle..........tootle..............up yours to all.....................
.....wait and watch and read the i-HUB posts on WaMu/DB COOPER......ROTFLMAO........uncontrollably..........still rolling....................
....we got that frank holding banker dude.....and the USA VP second gentleman pulling strings.....on our case...........who is pulling strings for WaMu.....????.......right O - great guess, BARBIE............PEE WEE HERMAN....................................
....keep that cancerous gangrene off my blog, please, BARBIE DOLL......go yank it to your servicing trust.........or whatever, but go away at your earliest convenience with that WaMu legacy INSANITY................tyia..........................
..............OMG, early cocktails today............geez....................I earned my $1,100 on uwbi, today, dealing with these crazy lunatics...........................
....first BANJO BARBIE and now his side-kick....................powder puff savage......................try to connect us to WaMu and then begs to get paid out, TODAY, at $2.50 per..................FOR THE THIRD TIME........
....I'm ashamed to be associated with this wiped out, worthless POS..................my goodness gracious................the nerve of you RABID SAND FLEAS...................
.
......always trying to ruin our good fortune by connecting us to WaMu, BUZZKILL BOB............ain't happening........nothing in common with that disaster......nothing..........sorry..............
............free to DREAM, buzzy..............................will never happen.......................no evidence is not evidence.............................WE HAVE ROCK SOLID PROOF of $5 per, and $3.75 per, with more coming from LIBOR/sterling......................................PINK ZOMBIE, bobbie...............................
....just put my daily $1,100 ATONE at the pkg. drop at the end of my driveway.................not in the mood for this POS....................................
...I think we'll get paid in sync someday with Enron and Worldcom - - tied together...............but push 'er into 2024...................even if only pennies, per............
.
...just trying to provoke LIVELY, factual conversation, barbie...........when dependent upon court or legal decisions............UNDEFINED.........UNKNOWN.................and also, barbie doll, what evidence do we have of ANYTHING..........one penny coming back to us on this POS..................babs dear....???....
...I can only PROGNOSTICATE using facts and evidence, bab....................$10 per, by year end, 2023......half LTCG and half ordinary income dividend..........ROCK SOLID......unless LIBOR/sterling rockets due to a secret settlement..............ain't gonna happen, imo..................
...WE COULD VERY EASILY LOSE.....LOSE.....OUR LIBOR APPEAL..............which is basically that "derivatives" are not, and were not impacted, whatsoever, by any of the LIBOR calculations.................????...................without direct reference to any nefarious actions.................tough call............I'm biased, and believe our school district bond issue............WAS IMPACTED...................there is an "implied" factor.................meaning, any bond deal during that time frame was priced, using the LIBOR INDEX............even if another interest rate vehicle was ultimately used...........................
.......we could lose, but won't because there are plenty of legal precedents, imo......................WE WIN EITHER WAY..............................tingle, tootle and leave my daily $1,100 ATONE from this POS, out on the pool deck......................tyvm.........................
...I'm just guessing, but I think the FDIC could have made a PRE-SETTLEMENT AGREEMENT................before the appellate cases are handed down.................
....this is a genius technique, although some people hate it..................you basically settle the case, but still wait for the appeals court to effectively make a rule of law......................(kindof like our own INCOME TAX REFUND case that went to the scotus - - we settled and gave it to the FDIC, ruling or not - - AND WE WON.......for nothing)......
......with our LIBOR, if we did pre-settle for $250mm, as rumored....................do the math...........we net 20% of $167mm.....or $34mm, to us.....$1.25 per.....added to the $3.75 per, the FDIC has accumulated......................add that FIVE BUCKS to our frankie's FECAL MATTER FIVE BUCKS, per...............
....there it is...........the $10-bill per, the FDIC/Guy estimated for the ESOP, which made the ERISA request.......................
..........$10 per, about 30-45 days after the appeals are defined and the Receiver TERMINATES............10 in 45..........DO IT NOW.....................
....I AGREE WITH YOUR LOGIC, beanie.................but, aside from saving us from making BAD DECISIONS with the money, if we had it today.....................few opportunities in LIFE....LIFE....LIFE, beanie, not just with junk stock speculations.............TO CASH IN FOR REAL MONEY......................
.....LIBOR/sterling, even in a year, or two........................$2-billies, settlement would net us ANOTHER....ANOTHER.....(added to this current $8.50 per).....................$8-to-$9......PER.........20% of $1.33B................on LIBOR...................
...for me, another ADDITIONAL $12-MILLION, to wait a year or two...................while I pocket $1,100 per day waiting.................................GO FOR IT, bobo.................I'm a reckless riverboat gambler and have been my entire life...............GO FOR IT.............real money and great odds, which could happen TODAY!!!!............
...............NO WIMPS, bobo............GO BIG...........or STAY IN THE TRAILER........................
IF WE SHUT DOWN TODAY......or took what we have, plus what the FDIC has, to date..........................................????...........................
my math is we'd had to STRETCH.............STRETCH............to reach $8.50 per...................stretch further, larry, ain't enough......................
so, we should FIGHT TO THE END......and maybe get a few more dollars, per, with the LIBOR/sterling suit...........................
$8.50 per, if offered would be tempting..............we might as well fight for more, since we have waited this long..........................
Dude: I monitor the appeals court docket and I watch our cases....................appeals courts are sticky.........no time lines..............no communications.......no leaks........no hints...........probably no politics.............gotta wait it out...........could be today and could be in 6 months............then the actual trial gets started, which could be a long, long process..........all of LIBOR will get presented and hashed out.................1 year for the trial alone.............
generally, we always ASSUME (and Hunter, WTF????) that the appellate court WILL UP-HOLD whatever was presented or appealed.................that percentage is about 80%+............................returning/remanding 10% and over-turning about 10%............................whatever.................
my take is, one day soon..............both decisions are UP-HELD........................we sue UBS for manipulating the LIBOR index..............we suffered irrepparable damages and want a jury to determine those damages using a financial consequence.............THE END.................
we ain't settling, ever, for any dollar amount.....................so dig in........we iz gonna be sitting here a while...............
..........GIVE PRAISE AND GLORY TO OUR HEAVENLY FATHER................................
....and slip my daily $1,100 ATONE on the UWBI POS, under my BR suite door, stir me up some breakfast, ok, brunch.......then GIT............tyvm.......................
.....you know me, bobbie............GETERDUNNNNN!!!!!!!!!!!!!!!!!!!.....................................even in 2024 if you can swing the $16.41 per.............martian money accepted........................
.
.....AGREED, bobbie............actually, I disagree..........but the servicing trust is the BIG ASSET that couldn't be seized, hypothecated, leveraged, flipped, liquidated, sold, or dry-humped........even flummoxed the FDIC........................the cooper folks now 'saddle' the servicing trust...............
.....a myriad of legal under-currents, bobbie...........................I hope the WaMu legacies get some payouts..............in the end.................
....will be glad when UWBI ends........................way too long............COULD be worth it........$10 per is the number the FDIC gives....................I'll take it, it true....................and no regrets......................
....................$1,100 per day keeps me from negative ions, bobbie.................
.
...one point, I will make, bobbie....is that if there is any payments made to legacies on that other THRIFT.....................it will come from the FDIC......100%...........which is why that RECEIVER is also still alive and kicking......................and possibly connected to our receiver......possibly........................
.....but, bobbie, ain't any direct connection to the Mr. Cooper business and ultimate monies coming to the escrows.......(exception is the servicing trust)...........none............there are about 8-12 cusips still alive under the WaMu umbrella.......but the total $ amount of the WaMu recoveries ain't that big, the FDIC despised WaMu, imo and JPM.......and ain't gonna bend for them...........as the FDIC will bend for us, imo.........................
....that's my sermon, for today, bobbie............that other mess is none of my business.......I have enough problems in life.....and the never-ending UWBI is painful enough...................
................$1,100 per day.........bobbie...........REAL................good medicine..........
.
.....AGREED, bobbie.......I ain't defending the FDIC and UWB was unlawfully seized.....100%........always a strange experience with the FDIC.........odd litigation, side-step litigation, secret everything, back-door dealings, out-right lies.........never a time line or concern about calendars...................
.....I ain't sugar coating this, bobbie, but our situation is very, very complicated, whether consciously or via happenstance.......................whomever scripted the UWBI situation........genius........????........the ella ann holding situation, the BK, frankie's freak show, and even now with the recoveries and the BIGGEST LIBOR CASE OF ALL, involving us........??..............
...even two handsome hebrew hunks, me and you, yapping on i-HUB is, well, STRANGE, bobbie.........
.......all is well that ends well, bobbie.....????.........UWBI will end fairly well, bobbie.........no comment on that other situation..................yank it to the servicing trust, bobbie.................only juice coming out of that disaster, imo, off the record................
.
....bobbie, please........all of that WHATEVER, is long behind us...........relative to both UWBI and that other situation............FDIC inherited our "unfortunate circumstance".............and......and.......might direct compensation, to uwbi cusip holders.....someday, when the entire process comes to a natural end........no time-line, but we are earning interest on the backbone portion of the remuneration.................
.....not one penny of our PAYBACK comes from U.S. taxpayers.......technically, frankie using the NOL's for tax credits gets him the net spread, at a cost to the U.S Treasury, but not really a cost to the government..........and the FDIC's receiver's recoveries are, really the bank's........was ours, anyway..................
...that other situation is RESOUNDINGLY different in every aspect...........whether any monies EVER flow to the legacy CREDITORS/CLAIMANTS/GYPSIES/BARBIES............none of my biz.........and my opinions, based upon HARD FACTS................last about 45 seconds on that blog.............
.....much love, mr. bob.....................sorry your invitation to the UWBI shareholder party has been lost in the mail and cannot be replaced.......................we will miss your presence..................
.
......notwithstanding thin skin and/or extreme paranoia, mr. bob.................we do not know the exchange rate between u.s. currency and martian money............to wit, comes now..............................
.....further, mr. bob, we believe the relevant topic hereon (earth) is ella ann holding, her son........and that wiped out, worthless Denver THRIFT cusip thingey................................hello..............
...
....BURN OFF THE LIBOR/sterling cross appeals.........step 1...................then settle with UBS, assuming the defendant's appeal is up-held, in our favor........(we don't care about the other)...................
.....why did DB settle (granted, dirt cheap for $5-millies) when it could be removed from the suit (if we lose the appeal releasing the 15 banks - so what?).....??.....DB and the 15 banks were ordered removed and we say, not so fast......................DB is crazy smart and got out cheap, stopped the legal fees and KISSED THE REAR END OF THE FDIC - for $5-millies).....................
.......the END WILL COME FAST, imo.....................probably, in 2023......but 2024 is now preferred, by me and Mr. Gibson...............
......WIN WIN............WIN WIN..........WIN WIN..............as the fine wine increases in VALUE......daily...................
...that said, put my daily $1,100 in cash under by BR suite door......................then GET OUT...........go over to WaMu or TWITTER if you are begging for free money...................................
.....feeling WEAK and DOUBTFUL...???....about this POS.........???...............
...1. first of all, you have about $148mm, safely earning interest in a trust account.....and you have a statement and directive from the FDIC indicating you have $116mm, in Receiver's recoveries, to date, which will be forwarded to you upon termination of the Receiver....$3.75 per....................
...2. the last Receiver's claw-back/recovery is the Libor/sterling suit.............the best insight into this suit is the Deutsche Bank (1 of the 16 defendants) Settlement Agreement.................really, UNBELIEVABLE somewhat, if true................OUR SUIT, per DB, is the one the FDIC has been waiting on for 10+ years, because OUR SUIT, will become the only LIBOR suit, out of dozens, that goes to a real-people jury WHO WILL BE INSTRUCTED BY THE PROSECUTOR to AWARD DAMAGES FOR ALL OF LIBOR................hello..................the suit is waiting to be filed, as there are two cross-appeals, which should both be up-held.......imo.......no impact, because OUR MAIN SUIT is a municipal bond issuer vs...........UBS.............THE MAIN CRIMINAL IN ALL OF LIBOR..............outrageous behavior............should get a judgement against it of, $5-10 billion........hello..............caused hundreds of billions of dollars in damages to, nuns and poor, inner-city schoolchildren angels......
.......................no worries.............no hurries............just slide my daily interest cash of $1,100 under my BR suite door and then get lost...............tyvm.....
when life hands you lemons, trade 'em for whiskey
.
......AND PRETTY PLEASE, could you sprinkle a few rails of dust in the envelope.......then slide it under my BR door..............????.................many thanks.......
......NO NEWS........slip my $1,100 daily tip tally under the locked BR door and GO AWAY......................for 4-6 months................tyia........................
THE 2024 PRESIDENTIAL ELECTORAL COLLEGE........prediction = 247 to 235..................................dems..............
that's what donnie has got to focus on....................the electoral college.............not the popular election..................seriously.........................
imo, Pennsylvania is the key........19..........Michigan.....15..........Ohio.....17..............THERE IS YOUR PRESIDENCY....................the swing votes.......Georgia is 16................donnie should get Georgia................
whatever...............we'll have our UWBI payouts before Donnie wins for the 3rd time...............GUARAN--------mother------f/----ing---------TEED............
Dude: these kind of court cases ALWAYS.......ALWAYS.........ALWAYS...........have surprise endings..................seriously...............BIG MONEY and legal WEIRDNESS....................the attorneys try to milk it, but, and as with ours, there are POWERFUL political under-currents.........................
so, no clue................probably, the cross appeals get burned off................both sides want to let the case run its natural course, but for awhile and then take direct control and dis-engage the legal auto-pilot....................any minute now..............................
could be a GARGANTUAN settlement...........or even no settlement and both sides walk in separate directions.............somewhere in between, imo......and, and.....could be a confidential settlement that both sides agree to..................high or low, but only we could extrapolate the dollar amount.....because we iz gonna get 20% of 2/3 of the settlement amount....................and we have about $3.75 per, accumulated................so, our final dividend payout, less $3.75 per, is what we netted from LIBOR/sterling...................and probably $1.25 per, based upon a $250mm secret settlement......that's what the FDIC has leaked to the moles, imo....
whatever..........pay us lot, pay us a little, dry hump us.............we no GAD...................just end it, soon.................but 2024 is ok, too...............
.....dockie, poo..........ain't no mystery with any of this, imo......crystal clear..............we iz simply waiting for the failed bank RECEIVER to finish its job...=....clawbacks/collections for the failed bank.................
......the failed bank holding company (US) sold its assets, thru BK..........and has the proceeds from the sale of the NOLs (after paying down the BK priorities - - - $38mm - - was $52mm, but we got credit for the JPM secured claim)....................again, crystal clear................and there is a paper trail........($132.8mm from holdco and per the FDIC, we have $116mm in recoveries, to date, with Libor/sterling pending).................
......close the last FDIC collection........TERMINATE THE RECEIVER..............wait for THE MONEY.......
..............wanna know the alternative, honey buns dear.......????...........WIPE-OUT.......$0.00.......cusip value....................vs.......THE BEST INVESTMENT EVER IN THE HISTORY OF WALL STREET.....!!!!!..............WTF, cream puff dear...................enjoy............
....WE GOT IT, bobo................right at $5 per.....in a trust account earning interest........and $3.75 per, still over at the FASCIST BANK AND TRUST (no interest - but it's safe and legit).........................less BROWNSHIRT HOLDING goes to BUTNER..................
...FOCUS, at present, imo, is the UBS legal strategy on LIBOR/sterling............sure, they gotta play out the cross appeals - - theirs, anyhoot..................will be up-held because they claim derivatives removes the reliance on the INDEX..................???................proven to be a false supposition.......the cross appeal, ours, is that the 15-bank pool got off the hook.......we say no way.......doesn't matter, because either way.....................MR. UBS IS GUILTY AND IS GONNA PAY...................only question.........HOW MUCH.................???..............
....we don't care, WHEN............but UBS SHOULD............because the dollar amount goes UP with each passing day............no hurries and no worries..........................
..................let the animals in the ZOO do what animals do........???........(poop and have sex)...........
........DTCC repo rate.....7.28.23...................TREASURY........5.365%.................NICE...............add another $100......per day......per day.....to my tip jar, larry......call it $1,100.............every single day that we wait for the NIGHTMARE to end.....................
.....oh, and no hurries on the final payout...................$1,100 every f/---ing day...............perpetual sack tingle..........................
ROCK ON, doc..............the Baltimore venue shopping trick was just a legal ploy we introduced......and probably WON...............hope - hope holding - - FULLY, UBS will cave for an extra billie...................just part of the game..............
and yes: boat culture on the CHESS, love cakes.........BIGTIME cool..............Gibson Island area and below....that Cap One dork, Richie Fairbank...........boater..........YACHTER.............can't juice his failing credit union, YET.............(cool dude, but he's running a wounded zebra, imo)...................
you know the plan, honey buns.........ALL's well that ends well..............no worries on our disaster........
...............adopt the fine wine mentality, kitten....................more time = more money......and we are getting RICH (er) while we wait............................
...I've considered attending our LIBOR trial, and might.............only concern is Baltimore's reputation......MURDER CAPITAL OF THE USA - - by far.....!!!!!!...........the crime, apparently gang related, is off the chart in certain areas.....................and poverished as heck............
......BUT - love cakes - we know what this means............................THE JURY in our case.........oh yea!!!!!.......very nice, po folks, whose darling schoolchildren were VICIOUSLY RIPPED OFF by SLIMY, CROOKED conspiring lily WHITE bank MISCREANTS........cheating poor, underprivileged kids........
.....see how we play this, honey buns......????...................we milk it......for big dollars.................
.....only negative, re: Baltimore, sweet puff................time..........if we end up in "the BEAM"........years of legal tussling....................but, bring it, lovie...................$1,000 a day, for me, while I nap and cocktail......no worries and no hurries...................................
so, BROWNSHIRT HOLDING is very much aware of you PESTS................swarming gnats...............suggesting BROWNIE is going to the BIG HOUSE........if he don't get you fairies paid out..................OMG.............what's this frankie dork gonna do...........call the USA VP, or sumptin'...............DC = one of the original co-conspirators.........????.................
LEVERAGE................be da game.........................gotta get the last RECOVERY................a nagger..................THE BIGGEST LIBOR CASE OF ALL.........???.......$2-billies to settle or we get $5-billies from the BALTIMORE jury......................WIN WIN................UBS........filthy slimeball crooks.......onward, speer....................
.