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.....FCNCA.....
...follow this animal...................recall that FCNCA was given UWBKQ by the receiver.........................and Venable LP was the legal adviser to FCNCA from day 1 and 20-years past...........and Honey BoBo now has a lucrative JOB with Venable..............the whole situation stinks to high heaven..........$400-million was WIPED OUT.........for what reason......???????...........OUTRAGEOUS ABUSE BY A ROGUE GOV'T AGENCY..............private property illegally seized........
...if there is justice in Amerika, we will be either compensated or the assignment of the receiver will be REVERSED..........the real DRAMA has not even begun....................
...opinions hereon...........focus on FCNCA..............Frankie & Co....................................and their good friend, the former Acting OTS Director.................remember HIM.....????.........I do......................
...only opinions hereon.................
...CO-CONSPIRATOR ON THE UWBKQ SEIZURE......?????.......
...just askin'.................somebody's got some 'SPLAININ' to do....................throw Honey BoBo under the bus, if you want...............but then BoBo rats out Frankie and Venable.......hello.....?????.......
...looks like FCNCA is in some bigtime TRUB..........although we believe that Frankie has offered up FCNCA stock to UWBKQ shareholders..................and some cash.........which the FDIC is endorsing and subsidizing........................fess up, Frankie.......................
...opinions only, hereon.......................
...So let's refile a CHAPTER 7 and pay out 3 cents on the dollar...
...which is what I wanted in the beginning........F/ all the creditors/claimants.................the bank does not exist and the holding company is insolvent many times over...........flush the doggone thing.............................
...please focus on the facts of the ILLEGAL SEIZURE...........the adequately-capitalized bank was SEIZED in a PANIC after a legitimate CRP was submitted to the OTS...........why...?????......good question........the OTS should have given the bank more time, at a minimum and not ACCELERATED the time frame for the re-cap.....................
...private property was illegally seized by a FASCIST governmental agency............................this is not the purpose of a fair and honest government...........it is an outrageous ABUSE of power and we believe possible (Larry) self dealing................................
...at this point, the stock should not even be trading...........lower it down to two pennies p/s............and scare off the limp-wrists............
...opinions hereon........................facts, too........
...FDIC has no standing to object..............and we, as UWBKQ shareholders also requested a liquidation analysis - - the FDIC's comments are just "parroted".....................and quite lame...........where is the OCC.....?????..........preparing the defense of a job kick-back, conspiracy to defraud and insider trading...........??????............
...Dudes w/ 'tudes: first of all, this filing was in the BK CT - - not the actual federal court, honorable Amy presiding - - we knew the main suit had to navigate thru the BK CT.........
...I've got more UWBKQ tulips than all of you reprobates combined, times 10..................no worries here.........none..........zip......and Guy A. Gibson represents us..........100%............and he wants Amy to make a decision anyway...........and we believe TJ said to settle this ASAP.........so it's Guy and TJ, not Amy and not some low-level legal RAT.............................
...I still read implied references by the FDIC to continued litigation and resolutions....................the FDIC simply had to challenge the Disclosure Statement - - they hired some B-grade law firm to type up a couple of pages of nothing..............big deal..................now let's see it defend the PANIC ILLEGAL SEIZURE THAT THE FDIC OPPOSED..........hello......??????.......
...add a couple of more dollars to our DAMAGES AWARD......it's $10 now, or more.................GUARANTEED...............
...opinions hereon......................balls, too............BIG ONES...........................
...federal appeals court.........then Tony and Clarence, if necessary...........
...but the deal is settled and Amy is a spineless weasel, imo, for stalling and failing to decide this case in our favor.........and she could still rule in our favor and hand us $500MM+.........in tax free compensatory damages.........................
...UWBKQ is now baked into FCNCA..........so, UWBKQ shareholders are applauding FCNCA................go FCNCA.........ROCK ON FCNCA................!!!!!.......
...only one little-bitty, teeny-weenie, itsy-bitsy potential PROBLEM.............that would be that FCNCA and its legal partner, Venable LP was somehow involved in the ILLEGAL SEIZURE of UWBKQ by the OTS.........in the event that, hypothetically, it was an ILLEGAL SEIZURE performed by the former acting OTS DIRECTOR, whoever that was, and the former acting OTS DIRECTOR now works at Venable and FCNCA now owns UWBKQ..........do you see where I am going with this..........???????????.....UWBKQ sued the OTS/OCC and should easily win..........doesn't look good for FCNCA unless UWBKQ signs the settlement agreement that has a hold harmless clause..................
...just sayin'.................................
...all comments hereon are my personal opinions.............but I do like being a new member of the FCNCA family..............I might even marry one of those Holding or Ames gals if Alice Walton turns down my marriage proposal....................tootle.............
...ARE YOU LUNATICS CRAZY......?????.........
...the suit is settled, there is a check for $2.83 p/s in the mail, each UWBKQ shareholder will be granted a specified number of shares in another stock.............GUARAN--F/ING--TEED...............we have two federal courts protecting us.....................we have worked through the legal process with a brilliant legal strategy..............the defendant has made a fool of itself and a mockery of the OTS regulatory process............the OCC has deep pockets and doesn't want a legal fight ....................so what gives.....?????.......
...I don't care what the stock trades at - it shouldn't even be trading.........................but even on a LONGSHOT speculative basis, the s/p should be trading at $1.00 or more and millions of shares should be changing hands, daily......................too weird..................I'm loaded with UWBKQ............and will never sell..............onward...........................
...genius hereon.......................
...FCNCA won't deny being part of this UWBKQ "thing"...
...I've tried to corner just about everybody on the planet regarding our claim...........usual denials, hang-ups, threats to call the cops (WOW), etc............paranoia city........we have a right to know what is going on.......I do anyway...........maybe we'll know very soon.........maybe we already know.............the s/p doesn't know much...........
...if the OCC and/or FDIC are opposed to ANYTHING concerning our suit, our allegations, the settlement, the IRS/BAC monies, trust me, we'll see a 47-page filing late tomorrow...........if we do not see anything from the DEVIL, we could see a concurrence or support filing............doubtful, but the settlement must eventually be acknowledged by someone from that side..................
...I would not sell one share of my UWBKQ holdings for one penny less than $4.00, today...............
...opinionated poop hereon..........................and remember, there could still be a HUGE SCANDAL uncovered...............and that's a BILLION, sirs....................rather high odds when you look at the facts and the behavior on the PANIC ILLEGAL SEIZURE...........imo...........................
...$2.83 p/s cash pmt. PLUS 2.00+ p/s FCNCA paper..........
...do the math, friends...................the stock should not be trading because anybody who sells for 32 cents is being ripped off..............................and insulted..........but whatever................free markets can be crooked......
...and why not intelligent comments regarding the court case, the logic behind the BK CT and the settlement, the FDIC's role, the possibility that there could be (could, Larry) criminal charges, the JOB KICK-BACK.....??????.......oh, the job kick-back.....how nasty is that......?????..........the job KICK-BACK................ugly......
...justice prevails..........if you like $5.00 per in a couple of weeks.......................or sooner with a LEAK...........my leak means nothing...........................
...opinions are mine......................
...I called and emailed FCNCA and they are hiding from me............Frank and the family know what's going on........they knew when they got Honey BoBo to seize the bank that FCNCA could be clobbered if FCNCA got caught stealing UWBKQ with BoBo and UWBKQ sued..........imo.......Venable is involved in this disaster, as well...................................
...BoBo f/ed up, BIGTIME.....................blew the whole thing...............................
...UWBKQ was literally WIPED OUT by a gov't agency...............without any justification WHATSOEVER.........absolutely OUTRAGEOUS.............
...all comments made hereon are my personal opinions.........
...FCNCA's stock might not be diluted at all if the FDIC puts in Fed trust certificates, or cash to offset FCNCA's treasury stock balance (this is a technical matter - the treasury stock is a negative number in the capital account - so issuing more stock, regular common or preferred or Series C or whatever decreases FCNCA's capital position or equity).............these boys will wire up the paper and shouldn't hurt FCNCA and we get stock in FCNCA........UNLESS FCNCA is found to be in cahoots with Honey BoBo and the ILLEGAL TAKEOVER..........unless, Larry...........F/you, Larry.........
...we're there..........
...we just need the settlement to move through the BK CT...........................and then we all sign and move on............................I wanted a bank and Guy wanted a bank (via the court's decision)..............but whatever......................$5-to-$6 p/s with future upside in FCNCA is okay with me................onward............
...OPINIONS hereon.....................
...yesterday's dime came from BAC news in the NYT.........recent filings want more money in the settlement.......which we'll get eventually...........
...we're in the BAC money for $20MM, less BuckleySandler's 30% gives us about $14MM or 45 pennies p/s..............BUT WE AGREED IN THE HYPOTHETICAL SETTLEMENT TO GIVE THE PROCEEDS TO THE fdic..............IMAGINE THAT......!!!!!!!!........
...this whole FCNCA conversion should be seamless...........and you could always sell in advance.................the tax consequences might be split, that is, the cash portion could be a cap gain and the new stock deferred from the original UWBKQ basis.............no prob whatsoever...........................
...and please keep the noise down as the s/p ROCKETS.......I'm napping.........TYIA......................
...OPINIONS 'r' us........................
...only one piece of paper is RELEVANT to UWBKQ...
...that would be the CONDITIONAL SETTLEMENT AND RESOLUTION AGREEMENT........okay, so it's 20 pages................signed by Mr. Gibson.................................and Thomas J. Curry.................who dat.....?????.........and the respective courts of law.................................
...terms......??????.............good question........we know the second half of the terms...........200 redwoods.............
...there it is.....................wewonders if the final signed document can be shaded.................PINK.................... ????.....
...the bank was seized without justification.........
...the OCC decided to defend BoBo's panic attack by using the "deposits" withdrawals issue..........MORBIDLY WEAK ARGUMENT AND GAVE ABSOLUTELY NO EXPLANATION FOR SEIZING THE BANK BASED UPON THE THRIFT CHARTER REGULATIONS...........dat would be capital.................hello......??????........even our lawyers laughed at the gibberish defense that also exceeded the court's page limit...............at that point the FDIC took over and starting putting together a settlement PLAN.............
...Amy ain't gonna get involved in this mess.......trust me..........and she is subordinate by law to the BK CT...........
...100% settled.....................if I were commiserating with "the help"...........I would GUARANTEE $2.12 p/s trading prior to 2/8/2013..........IF.........and over $5.00 p/s after the real DRAMA begins (news of the settlement - conversion calculations, weak knees, limp wrists, ETC).......
...the gov't cannot seize private property in Amerika without a clear provision in a LAW..............
...OPINIONS hereon...........................and the real news comes from a release sent out by UWBKQ to the local news orgs.........
...which is it?....Amy's decision or THE SETTLEMENT.......?????......
...given that THE SETTLEMENT = at least $4.83............and we get some semblance of a bank in the form of papered stock with the 283 pennies p/s in coins/cash.............and since we have already agreed in principle to THE SETTLEMENT, imo...........done deal......
...Amy finally caught on to the Honey BoBo unjustified PANIC SEIZURE, so she could throw up $500MM in cash...........but the OCC might then decide to appeal and drag this out another 2 years..........BuckleySandler is already counting its payola.....imo......
...Guy makes our decisions............so we'll see..............
...wethinks the PINK CATFISH will not only keep the BENTLEY, she may even upgrade.............................
...OPINIONS hereon................................
...tired of DISCLAIMING every word - - strict legal advice.........who cares what I say......??????...
...this FREAK trades at 30 dirty pennies per share when the bank was clearly SEIZED in error, a settlement is reached and checks are in the mail in addition to $6+ p/s in a solid S/L stock......
...where does that former ACTING OTS Director work now.......??????..........and what is Venable's 20-year relationship with FCNCA......???????..........do you see my point......????.....the bank was seized in a panic for some yet-determined reason...................imo...........
...I think the UWBKQ insider short selling investigation should be finished before we settle...............................imo.....
...about 14 lawyers have been working on a SETTLEMENT since August/2012...
...so are we really nervously sitting on our hands waiting for the stock to trade for pennies........?????.......and what do you think Guy is doing in CA every day with his attorney.........?????......
...time is a valuable commodity in the U.S. legal system........the wheels of justice turn slowly, etc..............
...the deal is settled and the stock should be trading close to $2.00 minimum based strictly on the speculation/BK POR (real)......and we wait to see the terms of the FCNCA settlement for further speculation.........................
...in a split second, this bad boy will SPIKE past two bucks.....................watch..........
...up yours on the opinions hereon....................
...Amy decision could TRUMP BK CT...
...the whole HYPOTHETICAL settlement would be rendered meaningless................imagine that......
...Amy could uphold the receivership..............or reverse it and force some merger of FCNCA stock with UWBKQ stock..........too weird.............and no cash.................WOW........CH 11 creditors get whacked and BuckleySandler's $60MM+ vanishes........we could have both sides appeal......even weirder........or move on.....................
...THE DRAMA HAS NOT EVEN STARTED YET, imo.........regardless, UWBKQ shareholders will be okay because we either get a favorable ruling, a settlement or we appeal.............................WIN WIN WIN.........
...what do I think.........?????........that Guy and the OCC have reached a settlement agreement in principle................Amy's a non-issue..............................but I heard this week from the Boulder guys that Amy's decision is coming ahead of any BK CT deadlines.........................in our favor.....?????......but could be complicated and appealed by the OCC/FDIC.......................COULD..........?????......
...all comments hereon are my personal opinions.......I am not gambling, speculating, onion squeezing or PINK PRINCESSING on UWBKQ stock..........
...JACKBOOT THUGS ILLEGALLY SEIZED COLORADO BANK...
...that's my projected headline in the WSJ when Amy rules in our favor......any day now...............which can happen........
...BTW, latest rumor (I didn't want to headline this) is that the Amy decision and the FCNCA stock carve out is one in the same......in other words, Amy is behind the FCNCA arrangement and could rule at any moment..............just sayin' what's playin' on the rumor circuit....................my position is that a non-Amy settlement is long in the works - - a done deal...........
...OPINIONS hereon......................
...$2.83 p/s check in the mail & $8+ p/s in bank stock...
...and how much does a share of UWBKQ cost to get the aforementioned......??????...........27 pennies...........
...few opportunities in life for a GUARANTEED 25-BANGER.........just sayin'..........I'm in this forever so other than the boat and some Tiffany's..............whatever......I want the bank stock.....................................
...OPINIONS hereon.....................or else I get a bill for $1,425........................................
...GOTTA GIVE UWBKQ BACK TO ITS RIGHTFUL OWNER...
...and this will teach you low-lifes not to associate with scumbags like Honey BoBo.............................
...the SETTLEMENT needs to pass thru the BK CT - - which it is doing - - Amy must wait on the BK CT - - there is no mystery here..................the suit is settled............all we need to know are the terms - - we know the 2nd half.........$200MM.........now we are waiting on the details of the bank stock conversion, again conditioned upon the BK CT approval of the claimants and creditors arrangements (100%, hello)..........................
...I care nothing about the stock price or the MM's or the onion squeezers.......................sure, it looks good when it moves up but until the SETTLEMENT is disclosed and the BK CT frees up the UWBKQ/OCC news release...............................simply early cocktails..........................it will be interesting, though to see how the FDIC put together the SETTLEMENT that Guy agreed to..................................BIGTIME dollars..........for those of us who never gave up on UWBKQ...................all comments made herein are slanted.................
...OCC made a huge tactical ERROR in its defense...
...the OCC tried to use some BOGUS deposit withdrawal urgency to justify Honey BoBo's PANIC illegal SEIZURE........BoBo seizes the bank with three business days notice AFTER seeing the CRP which would strengthen the bank's capital levels....................but wipe out the insider's short position...............................imo............
...deposits mean nothing......a bank can easily replace deposits and even buy 'em from the Fed..............only inadequate capital can cause a bank to be seized..........and the OTS did not have a recent bank exam nor the FDIC's endorsement to ILLEGALLY SEIZE the bank.............and all five banks in the Denver area currently being watched by the Fed have capital levels lower than UWBKQ when it was illegally seized, imo......
...the OCC has no defense and made a complete fool of itself in trying to explain BoBo's erratic and unjustified behavior.......
...so the OCC has the FDIC wire up this rather WEIRD settlement..................the alternative is to let Amy give us $500MM + damages..............same with a federal appeals court.....................settlement's just got to be processed............
...all comments made herein are courtesy of an opinionated marxist.........................ROCK ON RUBY RIDGE BANK.......
...TAKEOVER BY USB...AND...UWBKQ SETTLEMENT........
...this is going to be a complicated but very interesting transaction.................it appears as if USB or BBT or Sun Trust is buying FCNCA but FCNCA is in the middle of the UWBKQ/OCC/FDIC settlement............remember that FCNCA was handed UWBKQ by the former OTS Acting Director (his name escapes me)..........so let's get this deal going......
...in the end, we all wind up with USB stock.......not too bad....
...all comments, IMO.................for entertainment purposes only...........................BIGTIME FUN PENDING......
...any Honey BoBo discussion with FCNCA or Venable re: uwbkq that preceded the illegal seizure - - and was not above-board and arms-length is CRIMINAL activity..............imo........
...FCNCA wanted to expand in Denver and Boulder and BoBo clearly knew about the Venable LP relationship with FCNCA..........I don't want to say too much more because I was formally advised by an attorney to not say one word about the BoBo/Venable/FCNCA conspiracy and/or possible insider trading..............maybe nothing there......................but it looks very, very SHADY..................and BoBo probably never thought he would get caught or sued since only one other bank out of more than 300 seized sued the regulator.........................
...the conspiracy theory and possible criminal activity, imo, is the reason the OCC and its loving pit bull, the FDIC is settling this case on our terms..........done deal, imo......
...DISCLAIMER: all statements hereon are personal opinions.......John Bowman is a nice, handsome man and may not be guilty of anything................................
...Guy's decision is the 100% key factor in the SETTLEMENT.........look, Guy speaks for all of us and his position is that we want a court decision on the ILLEGAL SEIZURE............absolutely no exceptions and end of story..........because he wants the bank returned........
...now the FDIC originally floated this wired-up new charter and trust certificates for capital idea, etc..................but for some reason, this wouldn't work........................so some super thinking FDIC legal beagle dreams up this carve out of FCNCA stock in lieu of the new charter................FCNCA is available because they are party to this FASCIST SCANDAL OF THE CENTURY and may have agreed up front to being party to the SETTLEMENT..................so there is our bank.......................and $200MM was put on the barrel head to start the SETTLEMENT discussions.............the BK CT is simply a staging formality which gives us time and the resources to fight the RUBY RIDGE BANK WAR................
...there it is.........and Guy must have signed off on everything or we would not be where we are.......................
...2 cents, 30 cents, 47 cents............$2.........means nothing until the SETTLEMENT AGREEMENT is signed and approved by both courts..................................
...Opinions.........yes................facts.........maybe........$2.83 p/s in cash plus $6 in something...............you tell me.........
...activity today just proves the BK POR is real...........OCC and FDIC silence simply confirms the HYPOTHETICAL $200MM NLP is in fact NOT HYPOTHETICAL - - although a prominent BK attorney told me this FACT several weeks ago..................
...now we need to work on the entire SETTLEMENT.............which we are doing..........................done deal, imo..........
...can you imagine PINKIE'S lap dance at 1:50 AM tomorrow morning.......??????.....................BIGTIME..........
...opinions hereon.......................except the PINKIE part................
...Carmen Holding Ames, whose late father was a chief executive of First Citizens, sold more than $225 million of stock on Thursday, according to regulatory filings. The sales nearly erased her ownership of 30% of First Citizens' voting rights. Ames, a director since 1996, also resigned from the company's board....
...not to dwell on this but as we determined many months ago....."correlation COULD = causation".........it definitely does here...................
...poor Amy.......she's not going to get chance to reverse the RUBY RIDGE act of fascism....................
...opinions hereon..............
...the FCNCA purchase of UWBKQ's assets from the FDIC, as receiver contained a ton of contingencies...........including the possibility and consequences of a REVERSAL.............so the whole FCNCA connection - - which the FDIC could be wiring up - - is very, very plausible..................we don't dream this stuff up........
...just possible..............and not that outlandish when you look at the big picture................IMO on all hereon..........
...that PE firm in Boulder said that it would buy as many shares as possible up to $1 p/s when it verified that the BK POR was real.........but this firm wanted a minimum of 16MM shares........just sayin'................
...there is a 150,100 share ASK just posted........?????........
...trading should be halted if the SEC, as CO-BK-TRUSTEE, has material knowledge of the settlement and takeover.........or else maybe the SEC does not know or believes the stock should be allowed to trade, regardless...........??????............
...I see that 47 cents on the ASK getting closer and could hit in a few minutes........................look, a big boy can't buy stock because there is no significant amount of stock to BUY......only sell.....................26.5MM shares are LOCKED...........
...FCNCA might be selling itself to USB as part of its strategy to get out of the UWBKQ mess............and ultimately, UWBKQ shareholders could get USB stock - - but the $82+ million NLP is ours along with $250MM in either FCNCA stock or we tie into whoever buys FCNCA................doesn't matter.......$2.83 PLUS $8 in the Brooklyn Bridge LLC.....................
...opinions hereon......................
...looks like FCNCA pulled in a takeover bank...........might be FCNCA's way out of the UWBKQ scandal..............clearly there is something HUGE going on behind the scenes involving FCNCA, the OCC, the FDIC, the BK CT parties, the SEC, Guy, and William Blair........................the DOJ could also be involved since the SEC "review" of the UWBKQ insider trading is still not completed (this is a very good sign for us but not for the inside trader - -for example, if the inside trader was somehow associated with the one man who had the power to single-handedly seize the bank-------HOUSTON, we have a problem)....................................
...again...........we're finally in play.....
...the BK gave us staying power in the legal war and kept some of our powder dry...........and now the BK CT has given us leverage in the settlement........................unusual but BuckleySandler knew from day 1 that the SEIZURE was illegal and a fraud...........
...disavow hereon of all....................do your own DD......
...I could see USB putting up the $200MM UWBKQ POR/NLP as part of the FCNCA takeover............and then the FDIC insurance fund ponies into the FCNCA/USB treasury stock account an amount = $250MM...........we then also get that amount in whatever stock...............DONE DEAL......all the money is green........
...WOW.............we finally made it..............
...FCNCA is the 50th largest bank/s & l in the US..........USB has $169B in assets, BBT has $103B and Sun Trust has $118B, although all have grown a little since this list was created.....FCNCA has about $20B in assets now and about $2B in real tangible equity, imo............an easy target.........
...http://nyjobsource.com/banks.html
...and FCNCA is 42% controlled by insiders but the founding families control 100% of any takeover vote...............so the FCNCA takeover is probably real.........hopefully, we get our compensation as part of the package..........
...DISCLAIMER: gossip 'is' us........BIGTIME.........wethinks this whole UWBKQ situation is going to become HUGE NATIONAL NEWS.....................and if it is swept under......that means we get the $2.83 in cash and $8 p/s in FCNCA/USB stock........nice.....................
...FCNCA BEING BOUGHT OUT.....?????.......USB, BBT or Sun Trust.......???????.........$200 p/s..............a bidding war would be even better.........call it $225............
...but FCNCA has gotta give UWBKQ its bank back or pony up with FCNCA stock backed by some FDIC/FRB trust certificates.....................
...also, we know and love dearly your legal adviser, Venable LP and of course Venable's new lead deal maker = Johnnie Bowman.......you know Johnnie - - the same guy that single-handedly SEIZED UWBKQ and then gave it to FCNCA.........................wow........
...DISCLAIMER: all comments made hereon are my personal opinions only and have no basis in fact............fiction.....mayhaps........
...LATEST RUMOR = FCNCA BEING BOUGHT OUT.........suitors include USB, BBT or Sun Trust......which would become a plus for us because FCNCA would have to close out our suit and......WE GET ANOTHER DOLLAR OR TWO IN VALUE..........a 20% premium from here in FCNCA stock would give it a buy out of $200+/- p/s.............that gives us $8 in FCNCA versus the current $6 PER..........cool......
...I don't start 'em. I just spread 'em and it is totally hearsay with no factual basis, yet............probably true, though..........and how ironic that FCNCA's legal advisor is none other than Honey BoBo/Venable.................more drama..........
...PINKIE's gonna need a bigger bucket......much bigger.......
...DISCLAIMER: I spent an hour in the confessional last week.........................continued covet problems but no lies.............
.....RUBY RIDGE BANK.....
...CRP presentation date is a key along with date of seizure, FCNCA involvement and Bowman's Venable job.........I'd really just be re-presenting the case to add more facts............and the BK was delayed until calendar year 2012 in order to protect the ITR's.......there are disputes about the capital calculations and the deposits...............THE HIGH LEVEL OF UNCERTAINTIES PROVES THAT THE BANK SHOULD HAVE BEEN GIVEN MORE TIME.............at a minimum.......
...look at this from the OCC/FDIC vantage point.......the Defendant is clearly on the ropes and has a window to settle and a tentative agreement with Plaintiff............the OCC/FDIC can cap the payout and move on.............fighting a war in court for another 2+ years is too big a risk for the OCC and the FDIC who must fork over the cash and the FCNCA stock certificates......
...also overlooked on the FACT SHEET CHRONOLOGY are mountains of internal legal docs and discussion among the legal beagles.......the OTS had not conducted a recent formal bank examination and did not have the FDIC support before illegally seizing the bank in a PANIC..............imo........
...DISCLAIMER: F/you, F/Larry, F/Honey BoBo, F/Amerika (until we get our settlement payments)....................
.....$2.83 p/s cash + $6.00 p/s in FCNCA stock.....
...that's what I'm getting...........GUARANTEED.........100%......
...this bizarre FCNCA stock settlement is telling a story...
...the entire SETTLEMENT appears as if something very, very shady was going on and is about to BLOW......BIGTIME........
...HUGE CONSPIRACY could have been uncovered and the FDIC/OCC rushed a settlement agreement through Guy before any criminal charges were ever filed.................this is pure SPECULATION but the rushing of the seizure days after the CRP was presented, the whole FCNCA sale, the Honey BoBo Venable job...........the situation was and is a NASTY MESS..............maybe nothing......but the FDIC bailed out of the suit and now is controlling every last detail of the SETTLEMENT......of course, it's their nickel paying us off......................
...the SEC is a Co-BK-Trustee so the SEC is actually allowing the UWBKQ and FCNCA stock to trade knowing that material information yet made public could radically affect the s/p..........this is another WEIRD dynamic.................and where is Guy.....????......he's the one agreeing to every last detail.......
...I'm getting tired of DISCLAIMERS......but everything posted is my personal opinion.............when and if Honey BoBo goes down, he and his beagles are going to try and grab his critics.............