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......no hurries, no worries........crystal clear what happened..............I figured this puzzle out..............and I am a hillbilly redneck farmer from Moro, Missouri........former stoner.....................
......so please stop RIPPING OFF USA TAXPAYERS with your failed banks...........and then BEGGING for welfare compensation............STOP NOW........
.....FDIC opined that the uwbi cusip rodents are in line to receive payouts to the tune of $10 per share........estimated time frame = late 2023............
.................GIVE THANKS AND PRAISE TO THE LORD ALMIGHTY...............................(now flip 'em off, larry.....these i-HUB whiners are getting on my nerves).......
.........$1,250 added to my pile, TODAY........no news = good news......up yours to all............
.....that is ONE of several possible interpretations, beanbag...............the positive spin, which is also mine............Guy knew we were getting FCNCA common stock and then JPM's claim was given to us, in stock............(doesn't matter where the stock came from).............this is what Guy's people told me and I yapped forever on the internet about the FCNCA stock......what the conversion would be, etc..........WAS A FACT.......................frankie's fecal matter......100%..................
.....then the WEIRDNESS happened.............I still cannot figure it out............WE ????...........passed on the stock and took cash......demanded cash, and got it.............dumped in an escrow and un-touchable, to this day..........?????.................more weirdness..........I don't make up rumors, I just spread the sh*t out of 'em.......
.....my take is, the holdco NOL sale agreement specified uwbi stock BE CANCELED and BURNED and ELIMINATED..........upon "consummation" of the sale transaction......................FDIC says............don't close....................until we get all of the receiver clawbacks...............here we sit, beanbag.............
....I SAY ALL OF THIS IS A GREAT PROBLEM, beanie........................might not be.........but could be...............and I like being two mouse clicks away from many, many millions$$$$............and earning $1,250 per day while I nap, dabble and cocktail...........................aimho.............
...as for little ol' US.........???...........LIBOR/sterling cross appeals have to be burned off..............whenever, today or in 6 months (ya think DC EMHOFF is putting pressure on that appeals court.....??....agreed)....................then the BIG WHEEL TURNS...............secret pre-packaged settlement between the FDIC and UBS............hopefully, nothing weird, like both appeals are over-turned....????........(with our luck, this will probably happen and take 2 more years)..............
...the beauty of the pre-packaged settlement is...........NO FURTHER LITIGATION, no matter what is decided.......this is a nice legal trick, I noticed the FDIC uses a lot...............make the deal that's not dependent upon the appeal decision.........then shut 'er down, but preserve the law.......the FDIC and Guy kinda did this with our case, but didn't want to risk LOSING (which the FDIC would have done, LOSE)..........................
.............onward and upward, earning interest as we flirt..........................
................tingle.............tootle.....................
IF IT's any CONSOLATION, the little people shareholders of Silicon Valley Bank (holdco) LOST A LOT MORE THAN YOU FAIRIES lost on that Denver THRIFT...................$billions and $billions....................the horror stories are unbelievable..............?????....................
.....and guess who GOT THE GOLD with SVB's UNLAWFUL SEIZURE (in larry's opinion, not mine).....??.........FRANK BROWNSHIRT HOLDING, Jr.............
.....I know, I know, F/- the FDIC, F/- frankenstein holding, F/- BUD LIGHT, etc...................but if a smart and savvy attorney can CONNECT THE DOTS.......SVB and UWB...........frankenstein and his secretive law firm partner need to be outed............PUBLIC STONING..................outrageous...................actionable......
.....something is very weird with SVB (what's new???)................the BOD had gone public before the seizure and was trying to sell assets and shore up capital and they publicized their loan exposures...........but the meltdown came from DEPOSITORS removing cash from the bank and causing a huge IMBALANCE on the, well, balance sheet.....................
...........whatever...........I just want the SVB situation to somehow HELP US.....either get more money, or close.........BOTH...........aimho................
.
....just like that.........SIVBQ.......$0.2000 +0.0800 (+66.6667%)..............DON'T DO IT..............yes, it's probably a $3 per stock...................
....SVB Financial Group (SIVBQ)...................$0.1000 -0.0200 (-16.6667%)........................
.....DON'T GO THERE, my loving comrades.....................yes there are assets, and probably a sale of the NOLs.........FAT ITR.................
....gotta be a glutton for punishment, to put money into this HORRIFIC MESS.................they got bondholders, and the FDIC holding (ahem!!!) a cash horde and the BK CT is now the authority figure - - which means nothing.............................
....KEEP OUT.........STAY AWAY.....................I ain't buying in and never will........the math DOES NOT WORK...........unless they sue the FDIC for $20-billies and win.................
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.....ya think that Bloomberg Law chick reporter gave us a leak on the UBS/LIBOR/sterling suit with the FDIC..........????............she said it will still take UBS another $400mm to completely settle itself out of LIBOR...............????.......................
....if the pre-packaged settlement on LIBOR/sterling is $400mm, vs. the $250mm we were told.............nice..............but only gets us another 70 pennies per, net.......
....the $400mm leak, therefore...........gives us an endgame on this POS..........of $10.75 per...................$10 per, if the 250 vs 400...........WIN WIN....
....no worries, no hurries..........just speculating for fun......................when we are only a couple of mouse <clicks> away, from a nice payola.......SWEET.........pseudo tingle........................aimho.................
.....point made, beachball.........that this is a complicated situation and guy was faced with the FDIC, frankie's crap, and the interest of shareholders.............
....the stock PAID to uwbi shareholders, turned out to only be PLEDGED.........dunno if guy knew about all that.......???......so, guy might be innocent of the conflict of interest...................WHO DECIDED TO TAKE THE CASH, in lieu of the 342,000 shares of FCNCA.......????.........I believe guy made the call, on direction from the FDIC......................NO CONFLICT OF INTEREST THERE, if true......................bogie.................
......in the end, bogie, I like that we hung on and didn't GO LIMP and grab $2.50 per.......................three times.........I personally, DID NOT WANT TO DROP THE SUIT..................but I didn't know what was on the other side, either......................
....I like how this ended up..............bogie..................I might regret it, but we have a super high probability of getting over $10 per share.....................and WORST CASE, imo.........absolute WORST CASE..................is ten bucks per....................ARMAGEDDON = $10 per, with 1/2 taxable ordinary income......cool......
......excuse me, Mr. BOB.............you spineless (balls?) weasels SOLD OUT.........for $2.50 per..........THREE SEPARATE and distinct times.........you gladly would have taken $2.50 per, and gone on to BAD INVESTMENTS.............................
....I ain't defending Guy Allen Gibson but our deal wasn't/isn't as bad as it could have been...........and by hanging on for so long............WE MIGHT CASH IN......really, really big..........we have about $9 per, now some of which is earning nice interest ......
..........a couple of UBS mouse <clicks>.....................and we're at $15 per, easily.........BUTTER........SILK........
......dunno about you, BOMBAY, but I like our current position...................a lot...........BIG LOT (ahem!!!!)...............
.......HL/winfred q. scott.....................taking down the FDIC on behalf of a failed bank in silicon valley, CA...........................?????....................which could have "implications" for a failed THRIFT in CO............................a few years back.................?????....................
.....(my take, whether or not this is true, or partially true, is that SVB's holding co., which is the entity filing suit, should make a front-end deal, ASAP, wherein, the ITR is split, evenly and the FDIC agrees to direct banker frankenstein to buy the NOLs)............................no secret.................
......alternatively, gonna be a big, big LEGAL WAR, lasting 10 years (hello????) and both sides will suffer tremendously.................the holding company lost $10-billies, at least and their super high-class bank, without cause, imo.......................
.....none of our business, directly, but we've been there...............and this potential DISASTER could force the FDIC to sweep away UWB/UWBI...........at their earliest convenience................................gonna get UGLY......................AIMHO.............give it again, larry..........AIMHO........................
......"BEST INTEREST"..................powerful and legally defensible, bobbie.....................not only dropping the suit, TO YOUR BETTERMENT, bobbie..........but also NOT TAKING 342,000 shares of frankie's fecal matter.............(which tripled since)....................and WE - WE didn't take the fudge because of a promise from fascist regulators that a HUGE CHUNK of receiver's recoveries had YOUR - YOUR name on it, bobbie (our name, but you get my point).................
....further, bogart, $1,250 slipped into my jockstrap, this morning, and I ain't even getting up for another hour or two............................
.....we want be Christians about all of this, BOBBIE...............I am dumbfounded by what the FDIC did to Silicon Valley Bank.............no C & D, no advance warnings, no request for a CRP, supposed to be a hard formal bank exam within 6 months of a seizure (dunno about that +/-)...............and that SVB holding company has a ton of money outside of the bank........these guys are shrewd, with deep pockets....
.........something is amiss with that whole SVB mess................AND.....AND.....the FDIC handed it to frankenstein the banker, on a silver platter.................pile of FREE CASH and a $100-billion bank.......
....HERE IS THE BIGGIE, bobo...............ONLY FRANKIE CAN BUY THE HOLDCO FOR THE TAX BENNIES.................WTF..............WTF.............WTF.......................A-bombs away..........SCOTUS, SCOTUS, SCOTUS.............................
......and who or what is right smack dab in the middle of the SVB SCANDAL..................yep..........US...............the UWBI stud patrol.........how can our situation get any more BIZARRE.................???..........don't ask, or it will.................
......THE Silicon Valley Bank SEIZURE was 10-times worse than United Western Bank's.................and ours was OUTRAGEOUS and unlawful, imo...................
.....I can't read what the holding company plans to do, and they might use our situation as a GUIDELINE.....?????......split the ITR, or sue for it ($billion+)......sue and claim the seizure was unlawful, possibly due to FIRREA...............AND THERE IS ABOUT $20-billion EXPOSED HERE...........that was the approximate capital level and the FDIC says it lost about that much or more, and then the FDIC HANDS FRANKIE $10-billion, for nothing and offers a back-stop and with-holds most of the crap loans..................................WTF....................????................
....how------------------mother---------------f/------ing----------------ever.............NONE OF OUR BUSINESS AND WE DO NOT GIVE A DOGGONE..............the FDIC said publicly that it was "assisting".....???........the SVB holding company..........that is, taking the problem off the back of the holding company and not demanding a capital infusion.............FDIC used the word "compelling"....................it was not "compelling" the holding company to pour in capital........?????....................
.........I/M/P.......................both sides should LAWYER THE F/---- UP.................WE COULD GET SUCKED INTO THE SVB HORROR SHOW........and I truly hope we do, because both unlawful seizures will show the FDIC and frankie have a relationship that larry said could be CONSPIRATORIALLY CRIMINAL in nature.......????...............whatever..................SVB seizure could be a non-issue, or a 10-year LEGAL WAR........and there are many, many billions involved there...............we wuz dealing with $75mm, net in the beginning and took that 3 times ..........which grew and looks like it ends soon at $300mm.................AIMHO......................
.....NORMAN BATES ROCKS.........you know me, Mr. Motel, I'm all over the map with this POS...............
.....my latest opinion, by default is $10 per share.......and probably in the fall of 2023..........the last piece of the puzzle is the LIBOR/sterling receiver claw-back..............and there is supposedly a pre-packaged settlement which will take heed, at the point that the cross-appeals are decisioned - - which could come any day.....................
..............I still believe we have the holdco residuals, on deposit, earning interest........I estimate my DAILY, DAILY interest accrual to be about $1,250...............hello...................DAILY, NORMAN........
....and psychologically, if we don't get our money in later, 2023........it means we are going to get TONS more down the road.........and cash in on LIBOR/sterling.....WIN WIN, norman.........much love.......
.......DTCC REPO RATE.....8.17.2023.............TREASURY..........5.342%.........................................
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....off the record, BOBO...........if I was making decisions for SVB holding company......I would declare war on the FDIC.......just sayin'......
...I was mildly tempted, on the Q, bobo.............but I'm burnt out on failed bank speculation......and then frankie................but I knew all of SVB (seizure) was suspect.....................not interested.........I'll PASS.............
.....and this frankie, and his bank, BOBO................handed SVB..........too much........long-shot SVB files suit and goes after the FDIC.........and enjoins us..............possible, but doubtful...........PAIN AND PAIN.............and a lot of SVB common shareholders were CRUSHED........we know the feeling, bobo...
..
...not a problem, BOBO................$12 per, in the next 60 days and all is well.......................very, very possible..................might only be a dime bag, per..........but that's okay, too........................GETERDUNNNN!!!!!!...............................
...not sure about SVB.............the SVB holding company had a ton of assets, outside of the basic bank and didn't inject monies into the weakening bank.....????........point being, the SVB specifics might not become a HUGE LITIGATION MATTER..............it did go BK, days later, which is odd.....whatever, F/-- all of them.............................just close out our disaster and we move on, BOBO................
I think I'm going to TAG you on GRINDR, bobo......................whisper "hansel & gretal" (12) per, in my ear and we got a deal, bobo..................................OMG......................BOBBIE.......BOBBIE.......BOBBIE......(rfk/jr - - real wack job - but somehow he's cool???)...................but the 12-pack, per, bobo......soon........
......BOBO............we just want OUR MONEY on the denver thrift thing--ee.................if we want SPACED OUT, well, SPACE CADETS............we can go over to the i-hub WaMu BB..............all theories probably true.....................we believe all residents of the asylum..................just deliver THE MONEY, bobo........
....dunno about donnie's challenges.................rumor is THE PARTY is trying to recruit the catcher's MITT (romney)....................but he has to agree to pardon donnie, if a pardon ever becomes necessary........hope-fully not, but these are STRANGE TIMES....................
....we need a confidence boost on, well..............OUR PROBLEM, bobo............we need THE MONEY.....asap............................
....probably, gonna be a nice outcome, soon.............but, we have weak moments, BOBO......
..............RFK/Jr.........usa president..........?????.....................sure........and donnie said that would be his choice..............?????...........seriously........
......dunno...............weird is weird and you know me....................if donnie's in ('cause he might not be), I'm in.....................
pssssssssttt.............GET THE F/---ing Denver THRIFT money, please....................F---- everything else......................
.....................................$$$$$$$$$$$$$$$$$$$$$$$$...........................(although I do wanna make our situation REALLY, REALLY, REALLY BIG....so if SVB BLOWS UP.............billion dollar monster suit against the FDIC and frankie.................me like HUGE DRAMA...........and we'd get nice payouts in the end......could be 3-5 more years, but so what..........????).....RFK/Jr. = USA president and donnie's in BUTNER, with frankie and we get $30 per in cash and 20K shares of frankie's fecal matter.......I'm in.........................
lost for words...........????................appears the status remains the same, which is await the termination of the failed bank receiver, in order to capture any dividend paid out to qualified creditors...........yada yada yada, bureaucratic fascist speak, imo..........but, whatever..........if the FDIC says wait it out, and see what happens..........we wait.................AHs are known to throw around BIG PILES OF MONEY (not theirs, but who cares where it came from).....................
btw, Frank Holding is irate..............some attention-craving, egomaniacal, sociopath is spreading falsehoods on the internet.......about Mr. HOLDING........PLEASE STOP NOW, whoever you are..............................Mr. Holding is probably NOT A CONSPIRATORIAL CRIMINAL................ok, he might be, but don't tell everybody on the internet.....................How would you like it, if you conspired to unlawfully seize banks, got caught red-handed, and then everyone on google found out about it.............?????.........................outrageous.................and then................throw Mr. Holding in prison and BHA.................what is wrong with you godless heathens.....???...............
...................settle LIBOR/sterling..........terminate the UWB Receiver.............wait by the front door for the DHL delivery man...............the end.................
...............then line up the RAILS, baby..............................long rails..........................oh yea!!!!!!!!!!!!!!!!!!!!!......................longer, larry.................AIMHO........
......keep the BIGGEST AH in banking in clear view.....$1,421.50 -39.17 (-2.68%)...........the fascist regulators could turn on this creep, and will, someday................bank stocks are usually priced with a P/E ratio of 12............frankenstein's THRIFT has got a P/E of 2......2......2... .....................
....FCB is either gonna double, in a year..............or CRASH AND BURN......................wipeout, seizure...................and the dork in the brownshirt is sitting in a cell over at BUTNER, NC.............prison.......................OMG............................aimho............................
I believe the FDIC (and frankie and his posse) want US - US shut down and swept away.............ASAP..............like yesterday..........even aside from what could happen if SVB/FCNCA BLOWS UP...............and attaches United Western Bank vs OCC, appeal..........to the main SVB suit.........................
so, we probably do have the pre-packaged 'arrangement' on the Receiver's recoveries....................which kicks in at the moment of the LIBOR/sterling cross-appeals are decisioned...........this is how the FDIC does settlements....................they want the "law" captured, regardless of the monetary agreement and amounts.......$250mm, was the number...............suck off the legal fees and divide by 5 (our 20%).......................$33.3mm, to us, or about $1.25...........on LIBOR.......
.....$5 per on the holdings holdings holdings holdings..............$5 per on the Receiver's Recovering Recoveries Ovaries??.................HAMILTON, per.....tee it up.....might be combined together and tagged by the FDIC as REMUNERATION LIQUIDATION.....or equivalent and non-taxable.....???......add about $950K to my pile, larry........(we can challenge the classification of the payouts with the IRS......100% questionable on the taxabilities....dump this on the IRS and let them figure it out!!!!!!...)..........
....could be tons more, if we wanna play in the LEGAL CESSPOOLS of ameriKKKa for another 3+ years......I say, take the ten spot and get the F/- outa DODGE....give the opinion waiver and the finger to the hapless homos, larry................
....THE BIG MONEY IS GONNA COME FROM JOINING SILICON VALLEY BANK in its suit against the FDIC (I believe the actual bank only has standing to sue, as with UWB).....................the FDIC is responsible for TWO blatant FIRREA violations......ours and SVB's.....................stolen, unlawfully and handed off to that CRIMINAL CREEP from North Carolina................dork actually lives a couple of miles away from the BUTNER prison, wherein Bernie Madoff hung out.......................
....my proposal with the FDIC is $900-million in cash............and 1/4 of frank b. holding, jr's FCNCA common stock.......confiscated and the other 3/4 goes to SVB Financial Group, SVB's holding company...........................last and final offer.........................how cool is this......????................all in larry's opinion.......I'm not allowed to opine, at this time........................
....The UBS SETTLEMENT with the USG, ain't ours, but note the sheer power of violating FIRREA, as the OTS had done to us..........and UBS is trying to close out all of the LIBOR mess..........
....I took this quote from Bloomberg news on the USG settlement................."The agreement closes UBS’s biggest US legal headache, though remaining litigation over Libor, swap and stock-lending platforms and Bernard Madoff’s fraud could cost about $400 million to settle."....................
.........bowel movements are always a good sign......and UBS is throwing around lots of money........our case could be the biggest, even bigger than the $1.435B for FIRREA, because our case is going to a jury of real people...............and UBS stiffed an inner city school board, wherein the students were impoverished poor schoolchildren..............at least $2-billies worth of damages.................
................we got this...................wake-the-F/----up, fairies............................$900-millies................
https://www.youtube.com/shorts/Bl-varM6M0E
...should we take HIM - HIM.......down.......???........FCNCA......$1,442.00 -27.63 (-1.88%)............
....might get ugly............brownshirt's got a $250-billion CREDIT UNION........house of cards...............built by the FDIC and chicanery..........dude is party and complicit with the UNLAWFUL SEIZURE OF BANKS..............i/m/o....slash FACTS.................
.....oh yea!!!!!!!!!!!!!!!!!!!!!!!!...............let's do this............................
.............$900mm check being delivered to us by the DHL delivery service..................aimho...................FRANKIE...........FRANKIE..........FRANKIE....................
.............(where did you get this sh*t, larry................WTF..............)....
........$900-millies, my fellow toot-flutes...........................let's do this....................................
...AND AND...........this deal has a short fuse...............wire the money within 30 days...................or we go to the SCOTUS and get a few billies....................
...I'm likin' this............another FREAKSHOW DISASTER............and who is right smack in the middle of it...............????............those western united THRIFT fairies......
.............same old, same old............more time = more money............now, we might not get paid until don's second, second year...........fine.....aimho.....
.....WE - WE ARE IN THE BIGGEST BANKING SCANDALS IN USA HISTORY...................how cool is that............????............
....probably even BACK TO THE SCOTUS...................but we could be in line for at least $900mio (millions in German - - remember, I ran Deutsche Bank North America - - but leave that out, larry, it might taint?? the jury pool)...........
....frank brown holding, jr..............dunno what he did to martin j. gruenberg (or what DC EMHOFF might have done).......but it was a doozy...........SHOULD NOT HAVE BEEN GIVEN UNITED WESTERN BANK................and, now SILICON VALLEY BANK..............WTF..................??????..................
.............marty and this frank AH.................in BIG TRUB, imo..............................going down......................to BUTNER, NC............prison..........aimho......
...WITH SVB HOLDING COMPANY ("SVB Financial Group").............WE CAN TAKE DOWN THE FDIC AND FIRST CITIZENS BANK.....and frankenstein holding, jr....................SERIOUSLY........................
https://en.wikipedia.org/wiki/SVB_Financial_Group#:~:text=SVB%20Financial%20Group%20(SVB%20or,index%20until%20March%2015%2C%202023.
.....BOTH UWB and SVB were UNLAWFULLY SEIZED.....................and the FDIC is the responsible party, as inured by the OCC..................
.......HUGE LAWSUITS IN PROCESS........................any 'arrangement' we might be under is.........LEGALLY INVALID................
...........................even if these CROOKED SCUMBAGS promised us $300mm......................F/---- them..................gov't-related RICO = TREBLE DAMAGES........
....pony up $900-million, marty...........pay up in.............15 days (I know, the gov't takes 30 days, by law, which is fine)...........or else...........aimho.......
....I would say Guy & Co. are aware of all of this.............GARGANTUAN LEGAL MESS DERIVED FROM THE FDIC TAKING SVB AND HANDING IT TO FCNCA..................already started..............
....1. I think the relationship Frankie has with the FDIC is unlawful and incestuous, criminally...........2. our story needs to be told to the world.....................
....will this happen.....????.......SVB was afforded unprecedented considerations, by the FDIC, the FDIC said...................the holding company act was cited and the FDIC said it could have 'compelled' a capital injection into the failing bank - - which was never failing and there was no recent bank exam and no C&D, which is mandated before a SEIZURE..............etc..................
.....GUY, for whatever reason, is in love with frankie and the FDIC......?????........he refuses to speak with me but has communicated thru a 3rd party................so, we'll see................
..........gonna be DRAMA..................and we ain't seen one penny, yet and may never......aimho....
clarification on the informed mole, former operative and shoulder-rubber of that "guy"........guy...........even if this AH negotiated the dropping of the BANK's appeal of the summary judgement, in favor of the the OTS (SJ's always favor the gov't, given by politically-appointed judges who wink that all SJ's are appealed for the legal ruling-------------and amy's even ended in a QUESTION with a wink-wink).........................
anyhoot, back to this kimmie-GATE 2.0 catfish...................technically, there wasn't any deal or settlement with the FDIC...................the FDIC just said it controlled the buyer of the NOLs................because, per the IRS, "ONLY THE BUYER OF THE FAILED BANK MEETS THE IRS RULES ON A COMPANY BUYING ANOTHER COMPANY AND USING OPERATING LOSSES AS TAX ASSETS"...................not common law, yet, imo..........but reality......................................so that's accurate that there was no 'settlement' with the FDIC..................but rather, an arrangement.........and we sold our soul to the devil..............for $75mm + the payout of the BK priorities = $53mm, with JPM's $14mm added back.................the $75mm wasn't cash, it was MOMMY HOLDING's 300K- share block of son frankie's feces.......(frankie had to personally pay in $42K?? shares, to allow for JPM's swivel)....................there it is.............stock rose from 6/16 to 3/20, when it was sold........all the money was given to us...............$132mm........and another $6mm came into view from somewhere....???........still ALL YO's, and mine and Guy's................
the end.................maybe the FDIC throws some bones at you, sewer rats......maybe it doesn't..........................TRUST THE ALMIGHTY...........in all his GLORY.................give the opinion waiver, larry...........then flip off these hapless SOULS..................both hands...........jiggle awhile......................
......HUGE NEW OPPORTUNITY.........SVB HOLDING COMPANY IS DRAFTING A SUIT AGAINST THE OCC/FDIC.................BILLIONS.....and BILLIONS........WRONGFUL SEIZURE...........................hello.....................been there, haven't we...........???.........
....WE COULD RE-OPEN/REVISE OUR APPEAL of the UWB vs. OCC................of amy's summary judgement..........?????................
....and then ENJOIN OUR SUIT WITH SVB HOLDING..................since both involve the OCC/FDIC.........and First Citizens Bank................OMG................
.....I SAY HELL YES............OMG....................only Guy Gibson can make decisions for us..........so, we'll see..............at least the PLAN could JUMP START OUR DISASTER INTO CLOSURE.....................................
......WHO IS CALLING THE SHOTS.....on our LIBOR STERLING..............................?????..........................
....the plaintiff doesn't really exist, and the only defendant left, pending an appeal which will be up-held............is UBS.....and a low-level law firm, imo....weak......
.....so we re-read the DB settlement agreement and more confusion................WHY DID DB SETTLE WHEN IT MIGHT EVEN BE RELEASED FROM THE SUIT, or party to a settlement......????..................
....maybe the FDIC can broker a settlement agreement with UBS...................which is trying to weasel out of the basic suit, on a technicality, imo..............
POINT BEING..............LIBOR/sterling is a run-a-way freight train, off the track, no driver............????..................too weird, and we are right in the middle of it all.....STUCK........with no money and maybe no money ever.........................what's new............???.............
N.Y. CPLR 3103
Current through 2023 NY Law Chapter 276
Section 3103 - Protective orders
(a) Prevention of abuse. The court may at any time on its own initiative, or on motion of any party or of any person from whom or about whom discovery is sought, make a protective order denying, limiting, conditioning or regulating the use of any disclosure device. Such order shall be designed to prevent unreasonable annoyance, expense, embarrassment, disadvantage, or other prejudice to any person or the courts.
(b) Suspension of disclosure pending application for protective order. Service of a notice of motion for a protective order shall suspend disclosure of the particular matter in dispute.
(c) Suppression of information improperly obtained. If any disclosure under this article has been improperly or irregularly obtained so that a substantial right of a party is prejudiced, the court, on motion, may make an appropriate order, including an order that the information be suppressed.
N.Y. CPLR 3103
.....might not matter, but if it does.....DTCC REPO RATE.....8.11.2023......TREASURY..5.335%....
..................$1,200 in interest accrual, each and every day........................................nice....................
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https://www.pacermonitor.com/public/case/8214450/Sonterra_Capital_Master_Fund,_Ltd_v_Barclays_Bank_PLC_et_al
dat be what we iz watching....................DB went rogue and is handing over the "smoking gun" to OUR SIDE............
UBS has gotta say................."okay........we're in".................to the $2-billies settlement offer on the table...............(assuming the $250mm, pre-packaged settlement ain't done)..............WIN WIN........................................
BIG BOY LEGAL POKER..........and we are playing with house money and can only win............or win bigger...........................
NEVER BEEN A BIG PAYOUT ON A DARK SECRET BANK SEIZURE............ever...............sorry.........................
this uwbi mess, might be different.................in our law school class on EVIDENCE, we note that circumstantial evidence becomes direct evidence......when direct evidence can be substituted for.............PROOF....................repeat, however, that NO EVIDENCE does not = EVIDENCE........
bottom line, are we gonna get any money, or not............F/--- all of this evidence, proof, pepperdine, leon klinghoffer, dry hump CHER (??, larry, WTF?)......ETC....SHOW US THE MONEY...............................ALL OF THIS IS OUTRAGEOUS.....unheard of...........INSANITY.......FASCISM..........
I have proof that banker frankenstein purchased the uwbi NOLs, via Matrix Funding Corp.................paid off the BK priority claimants, with cash and completed an odd and complicated 510(b) statement which was legally 'attached' to the uwbi common stockholders...............ROCK SOLID.............we traced the FCNCA stock assigned to the DEPOSIT AGREEMENT...........which was sold, unknown why, and the proceeds were placed in a savings account, to the benefit of the uwbi shareholders......................where it sits..........why this money hasn't been paid out, is a mystery.....????.........our rogue mole said the Matrix Funding Corp Asset Purchase and Sale Agreement had a common stock "cancellation" clause, wherein at the point of any, any remittance to specified shareholders, the stock will cease to exist - - this is somewhat common, because the buyer doesn't want any lingering problems with ongoing stock - - used for another purpose, and we are simply stuck on the technicality..............not a problem, imo.............as long as interest is being paid......on the balance..................
that's all I have..........FDIC said uwbi shareholders are in line for cash residuals remaining (key word) at the termination of the UWB Receiver..........
we ain't dead.................we may never get any money................but we do have HOPE - HOPE HOLDING...............HOPE HOLDING.........aimho......