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imawswani only a third of the total belongs to U.S. BANCORP SERIES I
U.S. Bancorp Investments, Inc. 250,000
Barclays Capital Inc. 250,000
Morgan Stanley & Co. LLC 250,000
Total 750,000
interesting.......
But unless I am missing something USB DOES have a TRADING symbol and is trading today @ $53.73 ,No BOB He is referring to the I series.
Might the board be brain-washed? It's so funny to admit it , but I think YES ,your statement is absolutely correct.
Or is it what you said before , that USB bought the NOL's
Thank you sir , is all understood
absolutely , the million dollar question , what is the association between series I and uwbk . someone must know more then we do....
Security 902973AY2 / U.S. Bancorp, Series I - 5.125% (902973AY2)U.S. Bancorp, Series I has 19 institutional owners and shareholders.
750M Divy At a rate per annum equal to 5.125% that's 963M bucks, close enough to government work ... that's about $32
Thanks for the clue Sir ,I like your numbers and I understand usb is listed as a debtor, but I like to know how do you guys associate united western bank to us bancorp Deposit Agreement, dated as of November 23, 2015 that it will redeem on April 15, 2021 all of its outstanding Series I Non-Cumulative Perpetual Preferred Stock to united western bank, that is some cash 30000 shares at 25000 each . Thanks in advanced , I appreciate all the info you guys post.
Total Liabilities and Net Worth is $49,302 posted at DRRIP. DO you recall how much it was prior to the update . I had a screen shot of it , but i think i lost it; if I'm not mistaken it was 47 mill .so did they add a couple of mill to the Cash and Investments at DRRIP or it is the same as it was. Thanks
IMWS We appreciate the information you are posting , it sounds about right. Thanks
Come on NEW share a little light with us please.
Newtogame very well said, as accurate as a post can get.... NO_ONE tried to verify Tradeinmans report.... clearly stated ,some people bought some people sold ..I had already made up my mind , no one was going to change it
highly appreciated , good day sir
Question for HeWho You still believe that the payout will be between 20 and 27 dollars, even though the Receivership Balance Sheet Summary shows a total of 250 millions about 8 dollars a share and I know that's not including recoveries , but where do you get the difference other than interest .Thank you in advanced
UNITED WESTERN BANK - Receivership Balance Sheet Summary has been updated , as of 10/29/20 shows Total Liabilities and Net Worth is $46,933,000; the 4.2 million tax return has been added to the balance sheet. Prior to that was 42.6 mills. We still show a Total Unpaid Deposit Claims of 201 mill . https://receivership.fdic.gov/drripbal/bank/10331
I totally agree with your post .... spot on . We are still missing 12 % so as of june 30 2020 that 12% equals to about 201 million , plus 42 mil in the pot for a total of 240 mil assuming that all creditors are already paid.
Thanks NEW , I can see your point .
Thank you sir for the information . If I am understanding correctly , there is $1.40 guaranteed to shareholder in the account, plus a posible $7 of unpaid claims ,12 % of the total proven deposit claims . Is this correct or am I missing something? Thanks for any clarification on my take.
You are f***ing kidding me!!
You have been taking lessons from Don, Saying that I agree with you doesn't cut it--just a CHEAP shot.
Hilarious .......You so Funny .... just keep it up.
I doubt it newtogame, but looks good representing 1/40 of series A for as long there are more then 8 million shares on that series . Remember that a perpetual preferred stock pays a fixed dividend to the investor for as long as the company is in business. My question will be why march 12 , 2020 and not 2016
Thank you guys for expressing your take on this , i highly appreciate your information and knowledge you share with this board
Imaws just want to let you know that as of today my shares still show on my account and it has been more than a month , I also received an email notification from them stating that : Security: UNITED WESTERN BANCORP INC
You were previously notified that E*TRADE was removing the below referenced security from your account because it was classified as non-transferable by the Depository Trust Company (DTC). While DTC has deemed the security non-transferable, E*TRADE has elected to suspend the removal process. We are ok for now and thank you very much for your efforts
THANKS IMA , I haven't received a reply yet, hoping that I will still see my shares after the 15 of may, I also sent a letter to etrade ,but they have not responded yet, hopefully will be the same as yours. Thanks for all the work you did ,is highly appreciated
Thanks NEW for sharing common sense . Did you ever find out about the judgements being posted or it will never get released?
I feel better now.....after reading your post NEW I feel great about your understanding of tha facts. 5 bucks a share is what I paid when I first invested in uwbk.
That's what i was told ,but we have to wait and see ,for me is 3 more weeks to go
Hewho have you figure out how much is that 12.5 % , I've look at it but it never makes to me . Thanks
I Filed a complaint to etrade , they said it was going to be Overviewed by upper management, they said that etrade was not require to maintain the listing ,the transfer agent is the one supposed to do it and we haven't had one for the last 6 years .
Hey Bob thank you very much for the letter template , I hope I don'thave to use it ,i will be calling them this week. Thanks again
I will call them tomorrow , customer service directed me to that number after an 1 hour on hold ,explained the case, they told me that they were not going to be hable to help me.
I got the same email, I will save you some time call them from monday -friday from 8am-6pm 18006614587 that's corporate response team
Thanks for the advise ,highly apreciated
I know they did , I will give them a call and tell them that I do not want my shares removed from my account.
I received an email from etrade uwbk security will be removed from your account at no cost 30 days after the date of this notice so please check your accounts
Please note: Because there is no transfer agent for this security, we are unable to register the shares in your name
Thanks for sharing you point of view and knowledge , is highly appreciated
Hewho , my understanding is that the remand from the us supreme reverts back to the 10 circuit case automatically , right?
NEWTOGAME post 45727 stated :
LOL Bob Richards is dead
My two cents==case gets remanded after summer decision= drags on till 2021===FDIC gets to flush the archives of UWB and the chitty seizure=====NO records left ==case closed==BK closes==all is forgotten. Another year of crap
I hate to say it You were right
Case is remanded for further proceedings consistent with this opinion