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...OCC & others could fight BK/Liquidation Trust Plan...
...the creditors/claimants (and us, especially) are getting a fantastic deal compared with typical BK's........but everything is premised upon a very hypothetical $200MM settlement.......
...and the UWBK vs. OCC lawsuit is still very much in play.......Amy could blow everything out of the water and say the OTS was righteous in its SEIZURE...........as is the possible criminal action (just speculating, Larry).......
...but we do have a foundation for the FDIC/OCC to focus on.....so the BK might give us leverage in a settlement negotiation......................and could even trip up Amy........all which is good for the s/p.......
...and the possible new charter/restricted capital is an FDIC theory which would boost the s/p higher than a cash payout - - and those who want cash and not stock in a new bank CAN SELL anytime....
...bottom line: imho, we'll have a few more months of behind the scenes legal wrangling............but ultimately, we'll get a healthy settlement........................$82MM, net one way or the other.......$2.50 s/p on that day.................imo.....
...as an aside, a private investment co. I work with that is familiar with UWBKQ learned of the BK filing and wants to "buy all the stock"........???????.......they apparently couldn't get big blocks Friday......and may never since 27MM shares are locked up with a handful of us...................but a $5MM market cap is laughable given what is on the horizon and might even be a done $200MM deal.............................all comments herein are solely my personal opinions................................
...and BoBo: he kum da PoPo...............................
...CORRECTION: BuckleySandler does get 30% off the top......
...sorry I didn't catch this..................but we're going to get at least $3.00 p/s, IMO after the dust clears............granted we could get the legal fees included in a settlement but we would be in a circular logic situation...........BS will work out a deal with us, IMO.........again, we're in a very good position, regardless.......
...DISAGREE........the BuckleySandler contingency would have to be cited in the BK Plan - and it's not............and 30% of the $200MM would affect all of the other Classes..........the contingency was referenced in the amendments to the BK filing but the pre-petition fees changed drastically, so something changed there................(not a prob, either way, IMO.....).....
...so I believe the 30% is either DISALLOWED (which the OCC requested, by the way)........................or only applies to the the Class 6 Claimant proceeds.................I'll get an opinion on this............
...the BK Plan also specifies that all monies left after the first 5 classes are paid..............goes to the Class 6 Equity Claimants.................SWEEEEEEET..............this could be a MONSTER-SIZED AMOUNT.......................that SEC "review" is a wild card, imo......
...all comments made herein are my personal opinions......and are quite biased...........................
...Claimant Class 6........$82,073,996.69......
...We studied the BK's Liquidation Trust Plan and.......we like.......although we should wipe out more of that old debt, imo......but, whatever.......there is also the income tax refund of $4.4MM and the possible BAC settlement of $20MM...or more...........the Plan was hazy on this.............
...we couldn't find the 30% BuckleySandler contingency in the Plan but BS does get $410,000 in pre-petition fees............BS is worth their fees.......................
...since there will probably be a new charter and some restricted capital (strangely, the Plan does not mention any of this..????) along with the estimated $82MM...............taking 30% off of the $82MM leaves us with $56MM and the new bank.......
...the BK/Liquidation Trust Plan might force the FDIC/OCC into a settlement since it is structured, limits the loss and moves on......and could......could get around any criminal activity and the $200MM might be a lot less than Amy's $500MM........
.................we're there..................details..............sack tingle.........
...all comments made herein are solely my personal opinions and are starting to look credible.........................BIGTIME......
...wewonders if Hamas has got one that would reach DC...
...even the score.............justice in the real world............
...seizing private property in amerika for a job kickback and other ill gotten personal gains by a corrupt agency of gov't (that was being eliminated)..............................
...just a ponder..............why John..........???????..........lots of nice folks got hurt..........where was John's conscience............?????.........protecting amerikans deposit insurance.........................???????..............splain, John.......................................
...100% UNCERTAINTY....makes this FUN......bigtime.....
...the range of possibilities runs from Amy dismissing the claim in a one sentence blurb....................to a MONSTER-SIZED SETTLEMENT...........and lots of in-betweens, such as a trial, a judgement after tons of legal rangling, long appeals process........
...remember, BuckleySandler took the case on a secret 30% contingency basis (including a BK pay-in, tax refund, BAC settlement and any other inflow....very, very unconventional).........BS took the risk because the firm knew what happened internally with the OTS/Guy problems and the panic seizure.....................
...conclusion: something extremely "weird" occurred with regard to the ILLEGAL SEIZURE and BS knows this and wants a day in court...................with one PROVISO: BS knows the FDIC game and BS is motivated financially to corner the OCC/FDIC into a settlement..........................and therein we have the creative new charter, the paper capital arrangement and some cash that might even survive the BK................both sides are savvy, smart and motivated to settle.......................and I believe neither the OCC nor BS have confidence in a conformist, female, by-the-book judge (no criticism, just reality).....she's too dangerous with a $500MM beach ball being bounced around........a good thing, ultimately................
...buy this offal for dime pop per..................and all comments made herein are imaginative thoughts, only..........
...why is the stock trading at a dime...????
...who cares about the BK.........???.........we're protected there..................if the creditors do not get an extension.................they don't get any future OTS judgement/settlement payola..............
...if the court forces a BK settlement/resolution, the creditors don't get any future payola...........and we are still owed $4.4-mill in the tax refund and at least $15-mill or more on the BAC settlement and we have that monster note still paying.....
...only WIN WIN WIN can come out of the BK court.................our game is a settlement with the OCC...................and we'll get it, imo..............a longer chase = a better catch.........................
...No - and I know Larry Kaplan and he's about as good as it gets as far as knowing the workings of the FDIC - which is what this case is all about - and the FDIC will ultimately control the outcome of this mess, imo.......I'm just saying I'm a genius, relative to this claim................whatever................
...the sequence of events with regard to the bank's seizure proves that the receivership assignment was DOWNRIGHT WRONG..............the OTS simply should have given the bank more time to determine if the CRP was real.....................NOT ACCELERATED THE SEIZURE.....................c'mon.............the seizure was a beastly, illegal act.......................and we wonder WHY.......???????................unjust enrichment, at a minimum..............................and possibly a CRIMINAL ACT................possibly, Larry..............we'll find out.......................................imo.........
...if Amy rules in our favor and calculates a compensatory damages amount.................I will believe in her integrity...........and I agree I have no basis yet to criticize her........and I really have not yet...............I can comment on the slow legal process........................OUR BANK WAS WIPED OUT FOR NO LEGITIMATE REASON, imo..........this is a huge violation of our rights.........................imo.............
...this is an equity claim and even our senior attorney claimed the judge is taking too long to process the case.........just my opinion.........NOTHING IS DECIDED YET..............AND WE COULD EASILY STILL WALK AWAY WITH $500-MILLION..................AND ONE MORE THING...................I think I am more intelligent than all of our attorneys combined....................but I'm biased............onward.....................
...we can only hope Amy sets a trial date.......she'll just go over some trivial nonsense 11-20 and waste another 3 months............even a trial date and the extensions will tack on another 6 months after Amy's 3............................
...a trial will at least allow us to present our case and question the defense............................that's what Guy wants......
...the bank was seized because it was "undercapitalized" - allegedly......all of this defense BS on the flight on the deposits is a very weak legal strategy........................the big depositors have deposit insurance whether the bank is weak or not.....................I could go on and on but the bank was adequately capitalized..............and seized for questionable reasons................
...AND UWBK HAD A CRP COMMITMENT FOR $149MM as a direct injection of preferred capital via trust securities the bank agreed to issue.............ROCK F/ING SOLID..................
...the ACTING DIRECTOR, of the OTS, (his name escapes me - ahem!!) panics, issues some ungrammatical "s-memo" and tells his minions to "go and get it.".........................so that his kick-back job with First Citizens/Venable was protected.................and whoever shorted UWBK before the illegal seizure must be publicized..............maybe it was legit.........BUT THE WHOLE SITUATION SMELLS ROTTEN........................and Amy worked for about 4+ years at Venable....................how crooked is that....??????...............
...disclaimer: all of the aforementioned are my personal opinions and may not be factual but are based upon conjecture............all jack-boot thugs who steal private property are assumed to be innocent until proven guilty in a kangaroo court of law.....................
..."I" think the case is rock solid......that's my opinion but in the real 'political' world.........we won't win the case at this level......................my opinion...................
...I can propose lots of scenarios with this situation..........who cares whether they are consistent or wacky or whatever.......????
...I have experience with the bank regulators - 25 years worth and worked for and owned banks that were SEIZED...............and I have a significant % of UWBKQ.....................
...I believe the world is FLAT................so what...?????.....
...we need proof of insider trading or a BoBo rat regarding the job kick-back...
...otherwise, no way Amy rules for the bank...........she just scolds the OTS - which doesn't exist - and upholds the receivership without comment...........................Amy worked at Venable, so she's not going to do anything that would challenge Venable/First Citizens...............................no way............
...the OTS/BoBo might have been sloppy with shorting the stock thinking they would never get questioned on the seizure or tracked on shorting the stock........................
...the First Citizens purchase from the FDIC might have been shady......this should be investigated...............
...bottom line: we need a DOJ indictment of someone directly related to BoBo or the OTS for shorting UWBK stock immediately prior to the seizure.................BoBo's panic grab of the bank would support the theory that a short could get wiped out if the CRP materialized and the bank did not fail................imo.....logical behavior................
...I believe our case is rock solid but few others agree...........all comments made herein are my personal opinions and have no basis in fact............I'm simply a casual observer..........................
...seizure after accelerating time frame for CRP.........seals the claim, pure and simple............
...absolutely no excuse for this blatant abuse of POWER and even in the OCC MSJ it fumbled the explanation for the artificial acceleration..........and where is the FDIC in all of this....?????...........running away and HIDING like cowards even though the FDIC is the ultimate authority on the ILLEGAL SEIZURE..................................
...and then we have the BoBo job with Venable/First Citizens after the OTS is ELIMINATED.................................and we need to know who was SHORTING UWBK stock before the ILLEGAL SEIZURE..................BoBo panics and seizes the bank with some phony bogus S-MEMO the FDIC did not support.................
...this whole doggone mess is troubling...................in Amerika, the ABUSIVE SEIZURE OF PRIVATE PROPERTY BY A CORRUPT AGENCY OF GOV'T will not be TOLERATED.......................
...all comments made herein are emotional rants of personal opinions and have no basis in fact.............poster has been known to covet goods and wives.........................
...the SEC said in a written statement that it was conducting a "review" of all relevant trading in UWBK stock in 2010 and 2011......................
...the SEC can track every trade to every account to every individual...............with perfect precision, imo............
...I believe there was about 1MM shares short in June of 2010 and I recall there was about 3MM shares short near the seizure..............something like that................which may or may not have been suspect................we may never know...................if someone related to the OTS or First Citizens or Venable was shorting UWBK immediately prior to the ILLEGAL SEIZURE..............................there would be a PROBLEM........................it looks like the OTS grabbed the bank within a few days after it saw the CRP had a real partner who agreed to contribute $149MM.........................and Goldman Sachs was the intermediary, we believe..........but the capital plan was REAL.........and not from some Cayman Islands mailbox, imo.........................
...smart attorneys (ours) should be setting the groundwork for an appeal...............which is actually where we will have our best odds for a fair judgement........................IMO......
...all comments made herein are my personal opinions and have no basis in fact or fiction.......................rock on......
...we've got a "smoking howitzer".........
...once again, this modified motion for SJ does not match the AR, imo..........................the OCC, in speaking for the flunkie clerks at the OTS, which perpetuated this ILLEGAL ACT, wrote out a Magna Carta with detailed criticisms that could be made against any bank.........................................the AR, we believe was scimpy and does not match this SOF nonsense......................
...where is the FDIC support........?????......ain't none, 'cause we believe the FDIC questioned some of the OTS hypotheses and we also question this "limited review" the OCC says it performed prior to the ILLEGAL SEIZURE.........the OTS originally acknowledged not having conducted an FDIC-guided bank exam prior to the ILLEGAL SEIZURE......
...let Ambush Amy make the decision........................the OTS/OCC/FDIC/RUBY RIDGE JACKBOOTS should have advised and supported the bank and not rudely seized it in order to placate BoBo's friends at Venable/First Citizens................in order to get BoBo a job since he knew the OTS was being ELIMINATED........................
...chillin' in the crib..........................our case keeps getting stronger.............................admit defeat, Tommy...............................a HUN and a charter with a 50/50 split with the poo poo capital notes...................
...all comments made herein are solely my personal opinions and I am a Libertarian with a bad attitude......................
...OCC SOF could drive a SETTLEMENT...
...also, why would Amy be so emphatic about the June deadline for summitting motions for SJ.........THEN TAKE FIVE MONTHS TO ISSUE A MINUTE ORDER ON FONT SIZE......???????........
...the 'statement of facts' not matching the AR is a potential earth shattering issue............I tested a few "facts" and I guarantee that there was not a corresponding reference in the AR..........NONE...........so how could we have a minor paralegal quick fix/resubmit..........????????..........
...lawyer's opinion: long YAWN and quip that "it's over" if the SOF and AR don't match.........even if the motion were to be withdrawn or stricken by the judge..........plaintiff would have course of action.............MAJOR ISSUE........HUGE..........
...Amy still must act and the case could be years from a conclusion......................a lack of clarity of the reasons for ILLEGALLY SEIZING the bank and attempting to mislead the judge in a defense PROVES the OTS acted recklessly and without justification..............
...all comments made herein are my personal opinions and poster is a sinner................
...legal assistant blunder...or...felonious act...????
...no comment from this vantage point...but the judge wants the OCC's references in the motion for SJ to the AR to include the specific location..............................
...fred again...look busy...
...seriously, if you step back and look at our court case.......Amy, however insignificant, clearly has shown that the claim will be DECISIONED..................okay, she wants the footnote type made more readable..........anal..............
...BUT, the OCC's problem is MAJOR in that all AR referenced points may not have been references......................ooops, sorry, judge......................WE CAN'T FIND OUR REFERENCES IN THE AR BECAUSE THEY ARE NOT IN THE AR.............................this could be our case.............................
...TWO FACTS MAKE AMY'S RULING VERY EASY (assuming there are no criminal charges - which would make the ruling automatic)....
...1) accelerating the time frame for the CRP and then seizing the bank.............totally abusive....
...2) the FDIC's silence and refusal to provide any support for the seizure (or evidence that the FDIC opposed the seizure - same thing)..........................
...sorry for the excessive posts of my personal opinions today...........onward................we're there............
...one more point on Amy's admonition...
...as I have pointed out, the defendant's counsel has rambled on excessively in all of its relevant motions citing issues THAT DO NOT EXIST IN THE AR................this legal trick will have the entire motion tossed and totally weakens the OCC's already tissue paper strength CRED..............just noise........Amy (former Venable employee, remember) still must make a major decision...........the OCC legal chicanery really does not factor in to the ultimate ruling........
...we read volumes of technical references to FDIC requirements on capital and grouped deposits in the OCC summary j/motion.............and then the defendant piled up a rhetorical mount everest on everything that was wrong with the bank pre-ILLEGAL SEIZURE..............funny how the OTS never, ever mentioned any of this.....in the AR.........aside from the other fact that numerous statements were BLATANT ERRORS......
...we've got these bastards PINNED..................
...were the aforementioned posts opinionated.....?????.......mayhaps.................tip: load up on the stock.................................
...meaningless procedural nonsense on both sides...
...all that matters is the FDIC offer to settle (via the OCC) and Guy's response/counter.................
...the legal minions, including Amy, will perpetuate this roadkill forever...........and ever and ever.................
...it took 18 months for Amy to decide she didn't like small-type footnotes......................but the OTS gave us 7 days, actually 4 to scrape up $149-million..........and we did and then the rest is history..................I didn't want to state the obvious again THAT THE FASCIST GOV'T JACK-BOOT THUGS STOLE OUR BANK WITHOUT CAUSE.......................so that super FLUNKIE, John Bowman could trade our bank for a job........................
...all comments made herein are blatant lies, untruths and sensational rants created to drive the UWBK s/p to a dime..............................F/you, Larry...................
.....DENOUNCE FASCISM.....
...........................how can private property be illegally seized by a gestapo gov't agency that does not have to explain why the property was illegally seized...............???????.......North Korea treats its banks better than this......................
...the SEC's "review" is not complete yet but, for example, if Monica Bowman was heavily SHORTING UWBK stock in 4Q2010.........BoBo would have a big problem.........(and we'd have a BILL)............IF, Larry, don't get your panties scrunched over these unlawful hypotheticals...........................it just looked like BoBo hit the panic button when he saw that the CRP was real.........and he wouldn't get the Venable job if First Citizens wasn't handed UWBK..............IMO, conceptually speaking only, Larry.........................BoBo actually could be god for all we know............it just looks ROTTEN.......
...we cannot understand why the FDIC would not broker a settlement for a charter, some phony paper to be used as capital and a carton of pennies to throw at the BK court.......................and we agree to hold all flunkies HARMLESS and agree not to appeal........
...odds of something very WEIRD occurring = 100%...
...this case is a simmering pot - hopefully of money...
...anything from outright dismissal to judge recusing to decision to hear oral arguments to SETTLEMENT to something OUTRAGEOUS could happen at any minute.......and there are numerous other possible happenings.......FDIC mediation, for example.................summary judgements have come out of obscurity, particularly when both sides have requested SUCH.....
...so what to do.........??????..................sit with onion in hand and/or pick up some more shares at a dime per...........
...most likely results from 11-14 will be legal gobble-dee-gook procedural matters that mean nothing.......just another date to hear input on possible oral arguments.................Amy's just playing the calendar with a 'can kick' and would not dare enter anything of substance, IMO.........................if the FDIC is involved, there could be some hardball request................like the OCC asking for a dismissal on some obscure legal technicality...........
...Larry's got skin in this game and it has become very, very high stakes POKER........................lawyer vs. lawyer...........................we'll see....................
...DO NOT RULE OUT A SETTLEMENT PROPOSAL/AGREEMENT 11-14.........................just sayin'...................
...all comments made herein are hypothetical opinions and will be admitted to in a kangaroo court of law.....................like the one we are currently in............................
...Judge Amy's comments are in some of the first levels of transcripts and located on Pacer........but on page two of this Biz Journal story, there is a quote attributed to Amy which supports her official statement that the seizure was not reversible......
http://www.bizjournals.com/triangle/print-edition/2011/08/19/first-citizens-owns-colorado-bank-it.html
...Amy's tone is sympathetic but she is political, IMO.........and does not want controversy, IMO.................
...our best bet is either a settlement for a nominal amount.....or moving on to the federal appeals court - where I was told we stand our best chance of getting a MONSTER-SIZED judgement........
...also, I was told that, in the BK filing, it was disclosed that BuckleySandler is on this case for a 30% contingency........a lawyer told me this fee arrangement would seriously CONCERN the gov't attorneys..................................SCARE THEM because they see that we will fight to the end and not run out of money to pay the beagles......................
...all comments made herein are my personal opinions....................
...100% speculation on a court case...no one, therefore has been either right or wrong re: what will happen - to date................
...even the legal experts we paid for an opinion are all over the map on what could happen with UWBKQ..........
...my point all along IS - AND REMAINS - that the OTS did not thoroughly examine the bank before the seizure and accelerating the time frame to 7 days for the CRP was UNREASONABLE and UNEXPLAINABLE...................and there could have been a hidden motive like insider trading or a kick-back from the bank that bought UWBKQ.............it just looked like the OTS grabbed the bank without cause WHEN IT SAW THAT THE CRP WAS REAL..................and, as the Judge has stated, SEIZING THE BANK WAS AN IRREVERSIBLE ACTION and demands an explanation.....
...Also, the FDIC, by law, is required to assist the OTS with the technical monitoring - particularly when there is concern over capital levels or asset quality (NOT DEPOSIT GROUPINGS)..........THE FDIC REFUSED TO COOPERATE WITH THIS SUIT AND REFUSED TO GIVE THE COURT INTERNAL COMMUNICATIONS AND DID NOT COME OUT AND SUPPORT THE OTS ACTION.............THIS PROVES THE FDIC OPPOSED THE SEIZURE.................and proves our case which we will win............GUARANTEED BY ME.........100%........
...all comments made herein might be my personal opinion or might be ABSOLUTE VERIFIABLE FACTS.....................you decide......
...around $2.50 p/s..............that values a new entity at about $75MM..........assuming $50MM in FRB trust certificates and something like between $10MM and $50MM in cash.........we would need to work through the BK court, but the capital setup survives BK (as a pre-arranged decision) and we move on..........the beagles need some feed, also...........will be fun when the BID/ASK jumps up past $1, then $2..............................news will be out at that point............
...all comments made herein are sensational and based upon a dream I had last night.................................
...if my positions are accurate....FDIC/OCC will settle pre 11-14....
...I'm not a speculator or "pump and dump" weasel......I believe that I know the FACTS and the OTS should not have SEIZED the bank - for whatever reason..........................
...the FDIC and FDIC-experienced attorneys know exactly what happened...................the amateurish OTS grabbed the bank on a whim, IMO............
...the FDIC/OCC should do the right thing and set up a structure with a new bank and adequate capital and a framework for moving forward................nothing weird or complicated...........
...Onward.......................another 2+ years in the legal system does not solve anything.......................
..."Deposits" argument is flawed and proves our case...for 2 reasons.......
...1) UWBK could buy or replace deposits from a retail source or the Fed............UWBK obtained a written agreement from the largest depositors that they could maintain the deposits regardless of some statutory requirement which was being or could easily be waived by the depositor.......
...2) the FDIC guidelines - that the OTS claimed it used to substantiate this OUTRAGEOUS abuse of authority - specifically allows flexibility with regard to the deposits and contends that the bank's assets (loans) drives the need for oversight, increasing the reserves, adjusting the 'non-accruals' and...........and the action the FDIC takes is increased monitoring.............INCREASED MONITORING.....................NOT SEIZING THE DOGGONE THING WITH THAT BOGUS S-MEMO AND WOEFUL AR..........................
...there is no mystery here other than possible insider trading and/or a job kickback.........neither of which is proven, I acknowledge, Larry.........yet, IMO..................
...if Amy won't deliver justice, a federal appeals court will.....................no worries and no doubt but that we will either get our bank back or one BIGTIME chunk of change............all this confusion, at a minimum proves the OTS did not have a reason to ILLEGALLY SEIZE PRIVATE PROPERTY.......
...those guys never closed but we had a commitment brought in by Goldman Sachs which was "the" CRP that made BoBo panic............
...at least 26MM shares are controlled by 3 PE firms and a group of Guy's groupies.................long and strong............
...regardless of the current 9.3-cent p/s BID caused by someone selling 100 shares...............
...this SEIZURE/LAWSUIT situation is a very, very serious matter and could result in a multi-hundred-million-dollar judgement......our bank was seized without justification - a simple case.............................
...we believe that the OCC/FDIC and their beagles know what's at stake here and are simply working the court system for as much time as possible......
...BuckleySandler also knows what is at stake here and stand to make 30% of a judgement..................even a charter/FRB trust certificate judgement or settlement gets B/S a huge chunk......or we get the legal fees included in a settlement/judgement......
...all comments made herein are my personal opinions and I should really start charging for this data.................
...shareholders and officer/directors suits were thrown out.............only the direct party - the bank - which really no longer exists - was allowed to request that the receiver assignment be reversed.......................based upon the 'arbitrary and capricious' basis...........a high legal hurdle but it can be sailed over with anything of merit whatsoever............so the hurdle is very low with any evidence and we have TONS...........
...I believe Mr. Kaplan is ready to make the same claims that I make.......................accelerating the CRP, grabbing at straws re: the grouped deposits...............not having completed a formal bank exam before the SEIZURE............not having completed asset quality summaries............not having completed a migration report.............not having FDIC opinions in writing concerning everything that the OTS was doing in late 2010...............ET-F/ING-CETERA.....................
...we've got the OCC/OTS/FDIC by the balls, IMO............and all we have to do is work through the legal processes........
...all comments made herein are my personal opinions and should be relied upon if someone wants to make a lot of money speculating on UWBKQ stock.......................
...the ABJ/Venable relationship is impeachable, creates an appealable case before a trial or decision and the Judge may even recuse herself 11-14.................both sides clearly see the Venable issue and haven't yet motioned on it - at least I haven't seen anything......
...the John Bowman/Venable/First Citizens relationship is even more troubling since it appears as if BoBo was either offerred a job before the seizure or given a job as a reward for the seizure......
...so Venable could be another smoking gun...............Amy and BuckleySandler know about the Venable PROBLEM and have for many months..........as have those of us involved here..............absolutely no problem for us because if Amy rules for the CORRUPT JACK-BOOTS - - she is showing favoritism to the CRIMINALS........................
...bottom line: the Venable-GATE issue might ADD another couple of hundred MILL to our JUDGEMENT/SETTLEMENT.............
...all comments made herein are solely my personal opinions......................
...all banks' capital levels = a convincing DEFENSE...
...we can show Amy the capital levels and large deposit profiles of all banks....both SEIZED banks and existing banks with low capital levels.........................UWBK had higher capital levels than HUNDREDS of banks still operating....................
...7.8% TIER ONE after BoBo's bully request in 4Q2010 for a boost in reserves based upon nothing.....no review, no explanation, no anything.............so we comply, submit the CRP and then the JACK-BOOT THUGS SHOW UP AND STEAL PRIVATE PROPERTY WITHOUT CAUSE........a clear violation of the U. S. Constitution........
...egregious behavior results in compensatory and punitive damages......which should exceed $500MM.......to the OTS successor.................which has deep pockets.......
...the beagles on both sides MUST be having some dialogue..........the OCC is insane not to at least ask Guy for a bottom line number.............the FDIC is too smart to let a federal court rule on such an OUTRAGEOUS act.................
...all comments/opinions made herein are produced by a very large shareholder with an ax to grind........................
...let's watch BuckleySandler play our hand...
...we feel B/S is plotting strategy against the FDIC and not the OCC's legal buffoons...and the FDIC knows it can offer the new charter and some FRB trust certificates as capital in a settlement costing the OCC nothing...
...the problem is Guy has stated he wants a court decision regardless........................
...I say ask the OCC's cheap suits for a one-time number pre 11-14.........and get a formal response.......if the OCC grunts say no settlement, then we know and can order the fleet of tanks and gunships to move in, legally..................
...all comments made herein are figments of my imagination and may have been influenced by the consumption of weed, whites and wine..............
...Monica Bowman joke would = $10 p/s.......or more......
...just humor, Larry, but any type of impropriety and Amy has a lever................................that Venable job BoBo landed doesn't look good and Buckley is all over this - - nothing actionable but the job kick-back idea just looks bad to me........and any formal OTS contact with First Citizens long before the ILLEGAL SEIZURE also looks bad.................and any comments from a Denver bank that had no opportunity to bid on UWBK because OTS may not have sought out other BIDDERS looks like the OTS wanted to hand over UWBK to First Citizens/Venable...................ETCETERA..........................stack the evidence HIGH AND DEEP............................and where was the FDIC......??????.........opposing the ILLEGAL SEIZURE.....??????.....
...a federal appeals court will ring the cash register..............IMO.............
...wethinks the OCC beagles will float some green paper in front of Guy very soon if they have not already......................................and all comments made herein are solely my personal opinions and should be deleted..............................
...FASCIST GOV'T JACK BOOT THUGS STOLE OUR BANK...
...and some spineless twit judge ain't gonna give it back...
...the U.S. Constitution is on trial............so what....????...
...BTW, when insightful and informative UWBKQ posts are deleted by I-HUB for no reason........who loses..........?????.......all posts, whether agreed with or not should be posted - per the 1st Amendment of that same Constitution.......just don't criticize other posters......simple rule...........I'm already rich and famous - so why castigate me.......?????.................and they are my posts that get wiped out...................whatever............
...still betting that the Fascists won't risk the 11-14 clambake..........................stock market is SCREAMING that the case is frivolous and the receivership will be upheld...........9 cent BID and $3MM market cap........pathetic..........
...GLTA....11-14 should bring great news....!!!!!
...bollinger bands getting more elongated......
...we have bids in at 11 cents with fingers crossed and praying...
...GO UWBKQ..............good things ahead..........
...volume looks great today......momentum.............
...Venable/Bowman/First Citizens/THABJ...
...these inter-relationships could pose a problem for the defense and also offer appeallable opportunities for both sides given Amy's prior employ with Venable...............we are not suggesting anything other than appearances do not look good............and in the legal world, appearances often become PROVEN and CONSEQUENTIAL................................so we think Amy could even BAIL OUT and re-assign the case if she thinks she might not be objective........................works for me................more confusion just makes the ILLEGAL SEIZURE less and less convincing...........IMO..........
...lots and lots of possibilities here and all are good for us........even a hint of impropriety related to the seizure forces a reverse of the receivership or BIGTIME compensatories.................BIGTIME BIG, IMO........
...oh and did I mention that all comments made herein are solely my personal opinions.............??????............
...also, a legal beagle I consult with said the 11-14 hearing will never happen...
...might be some delays but hearing itself WILL NEVER HAPPEN........the OCC will settle this out of court, in someone's opinion...........not mine, although I agree SOMEWHAT............somewhat because Guy wants to go all the way even if we must fight through the appeals court processes.........
...William Blair & Co. should be making the decisions because of their 20MM+ shares..........................
...all comments made herein are not credible, IMO................
...just trying to provoke positive discourse on UWBKQ.....within the TOS parameters.......comments on daily trading and bollinger bands are meaningless............what really matters and should be commented hereon are matters relating to the court case and the ILLEGAL SEIZURE..........................
...what would Milton Supman have done with his UWBKQ shares................????.........dumped at a dime per...??????...
...I'd rather prefer to BHA............dat not be possible on this social media message board/blog with a stretched average daily readership of seven..................so weze use metaphors and allegorical references spiced with cynicism and sarcasm in an effort to spice up this FORUM..................
...GUARANTEED FAVORABLE OUTCOME.......................by me........imagine that...........?????..................
...we've got a part of the FDIC's anatomy (figuratively, speaking) LOCKED into a vice grip.........and we ain't letting go...........BuckleySander knows the FDIC opposed a SEIZURE and the OTS illegally stole the bank in its own VILLAINOUS ACT.......
...wait for Amy who will give both sides a chance to opine on her decision to hear oral arguments.............there is a long-shot possibility that Amy will issue a summary judgement since both sides want one........................doesn't matter how we get there, BUT WE WILL GET THERE....................wouldn't cost the OCC beagles to start a banter.......................
...all of the aforementioned are concrete facts and should relied upon by anyone who wants to speculate on UWBKQ stock which will ROCKET past $6.00 per share before this entire mess is RESOLVED in our favor......................
...gotta run, SOUP'S ON.........................tootle.......
...settle or take Amy's deal...
...their call, IMO.................
...keep in mind that Amy's deal is BIGTIME cash, IMO...
...value of chat chat = $25-to-$50 MILL, IMO........so the OCC should get Guy to take a lump-dee-doo with a chat chat, split the legals and MOVE ON.........................IMO......might be a low HUN or lower with the chat chat and cheap suit discount..............limited time only, IMO................
...OCC's only way out of BoBo's monster mess is to open DIALOGUE, IMO.........which we believe could be underway.....or should be, IMO......
...1,945 shares traded Friday..........$263 worth of tulips...............looks like the guys from the soup kitchen are trying to corner the market for UWBKQ.............................
...note to Larry: have I informed these yoyos that all comments made herein are solely my personal opinion and when I forget to condition each of my statements it costs me $400 in nasty emails...................?????????.............................