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now, ms. sand flea dear, ya want me to throw down some BIGTIME shade on Sergio P. Ermotti..................???..............ripping off poor, underprivileged schoolchildren in the decaying city of Baltimore, Maryland..................OUTRAGEOUS...........EGREGIOUS........(throw the thesaurus at this one, larry).........
and also, we tell this SERGIO turd, no settlement.......we want a downtrodden Baltimore jury to determine DAMAGES for the ANTITRUST crimes......UNFATHOMABLE behavior...........this crooked, criminal foreign company has $414-BILLION in cash.....so, $25-billion would be a chin ram to these sleeze-balls....(and the judge reduces it to $15-billies).......onward.........
we got this..................................
........$75 per..............$70 per of which is a QUALIFIED DIVIDEND............aimho........two mouse clicks, if SERGIO wants to pony up $15-billies and spare UBS worldwide disdain and a possible ban from the USA...............
....sonterra "proceeds" will be paid to the FDIC as the Receiver......which adds those monies to the balance of the recoveries.........there is a step in between the litigation proceeds and the dividend..........
....the FDIC can call the ultimate "dividend" either ordinary or QUALIFIED...........qualified dividends CAN BE TAGGED and treated as ordinary income.....A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate................
.......bottom line on the FDIC payout.......their call..........should be qualified.....but the FDIC has done both and I believe the SIZE of the payments to the UWBI polecats will drive the designation of the dividend............COULD GO EITHER WAY ON THE TAX TREATMENT......
.....A GOOD PROBLEM.............bring the money........we'll pay taxes at whatever rate.....and HAPPILY FUND THE USA SOCIALIST REPUBLIC......
.......AND WE RESTORE THE CONFEDERACY on 1.20.2025..............aimho......
....AGREED, ms. sand flea dear.............and BRING THE BIG MONEY, however highly taxable............not a problem in the least...............
....and, to the FDIC........SUE THE F**K out of UBS for that OUTRAGEOUS, EGREGIOUS behavior that blatantly violates Sherman/Clayton ANTITRUST laws.....
...UBS and others RIPPED OFF poor, underprivileged SCHOOLCHILDREN.........arrogant, Cadillac-driving white PIGS DAMAGED poor kids trying to get an education and get out of poverty.........
.......following my LOGIC, ms. sand flea sweetcakes........??.........NATIONAL NEWS................HUGE...........UBS HAS GOTTA PAY FOR ITS ABUSES......or get the hell out of the USA........................BANNED FOREVER......................
.......................sand flea......................?????...........................bring me the tax bill, sandy..................using $70 per cusip share (plus the $5 of which ain't taxable)..........
....Dude: my original point IS/WAS..................a HUGE WINDFALL PAYOUT on uwbi.........is a taxable and therefore painful event.......GOOD PAIN......but further, the FDIC is publicly bragadocious (to it's sister the IRS and its parent, the UST) about paying out BIG CHUNKS of dividends...............
.....that's it............BIG MONEY payouts have tax consequences......bigger money = more tax......ordinary income is THE MOST PAINFUL because it has the HIGHEST PERCENTAGE TAX RATE..............pushes the other money earned that year into a higher bracket..............
.....pay a few million into the government, BUFFY....and you will share my sentiment.........supporting socialism is not one of my causes, BUFF............murder babies on your dime, BUFF.......
...so, BUFFY, your apologies will be taken under advisement..................
................................GO ORIOLES.....................................................
.
....and should we send the BILLING from the CPA on this POS to you, Mr. BANJO BUFFOON....................????...........which you surely won't pay along with many of your other debts/bills...............????..............
...being overly defensive and thin-skinned is not a good look, BUFFY.........not to mention the continual PANIC-WIMP-SELLOUT approach to the UWBI closure.....= lowball....
.....all is well that ends well, BUFFY..............and we can compare bottom lines at that point (although commiserating with uwbi vermin probably won't happen after we get paid out....sorry.....nothing personal.....)...........
..............GO ORIOLES..................................
FACTUAL REALITY, Mr. Buffoon....................the FDIC's "dividends" are considered ordinary income in the specified tax year..........and the FDIC makes it very clear in its SUMMARY STATEMENT (made public) that payouts are taxable and therefore the FDIC's recoveries actually benefit the U.S TREASURY..............
keep your CRIMINAL TAX CHEATING ADVICE on WaMu, please, BUFFY..........any competent CPA will give the same advice as I give.......(I do recommend LOADING UP on qualified 179 deductions, BUFFY - - which is smart business and is LEGAL)................
sorry, BUFFY..........another fail...........................
do bring the fitty---tee..........per...................and we might forgive your unlawful recommendations and continued reckless behavior, BUFFY...................................
Ordinary dividends are taxed as ordinary income, while qualified dividends are taxed at the lower capital gains rate....................
Ordinary dividends are taxed as ordinary income at your regular tax rate, while qualified dividends are taxed at a lower rate, similar to the long-term capital gains tax rate. To qualify for the lower tax rate on qualified dividends, the dividends must meet certain criteria set by the IRS.................
You just got all my followers thrown in jail, ROBERT..................also consult the FDIC payout policy on "dividends"........which matches the IRS rules......(and the FDIC will send at least notice of the payout activity to the IRS - - they've done it before to me)............
I wish your BAD ADVICE was true, ROBERT......................I've received "dividends" from the FDIC............the amount determines what tax bracket a person is in......but if the amount is large..........TOP TAX BRACKET, robert..........AND IT ALSO PUSHES OTHER INCOME UP.....UP.....UP......robert..............
ANOTHER IRONY, robert.........when you end up in BUTNER.............your bunk-mate might be FRANK BROWN HOLDING, Jr................aimho.............
GOTTA POINT OUT THAT.........the FDIC's altruism (do-good grandstanding) is super self-serving....................
to wit, comes now..................the FDIC is gonna get BIGTIME DOLLARS on sonterra, but the five beneficiaries are collectors of the sonterra monies.....and ARE GETTING TAXABLE INCOME, imo...............OR MAYBE JUST US, because our money comes to the UWB Receiver...........which then passes the money along to us....(the others might be litigation proceeds, or similar non-taxable income - - but not ours)..........
point being....................at least 33% of whatever the FDIC shakes down UBS for, on sonterra..............is coming back to the U.S. TREASURY (IRS) in taxable income..............(only exception is ROTH IRAs, as regular IRAs pay taxes, eventually)...................
SO CASH IN, fellow purple polecats...............the IRS is getting 37% right back...........and in high-tax states.............44%..total..........cut of our payola......OUCH!!!!.......
so consult your tax adviser for specific guidance..............DO NOT take TAX ADVICE FROM KING FREDERICK QUICKSILVER SCOTT I or BANJO BUFFOON BOB, hereon....................or you'll end up in the BUTNER PRISON..............with a very, very sore AH....................aimho..................
_______________________$53 per UWBI cusip share________________________
...I just spread the whispers......sounds a tad over-the-top...............???.........the MATH is spot on to the penny......UBS pledged $10-billies to walk......????.....
..........only concern is $48 of dat is a dividend................YIKES!!!!!!!!!!!!!!!!........................but we'll still take it......................
............fitty----tee...............per.........................let's do dat................omg, wtf....................give the opie-dope poopoo, larry.......I'm on the floor................
......PUT ON A BIG BOY HARD HAT...........prepare to fight to the end.....for the LARGE GREEN.................
....smart money, on situations like this.......PRE-SETTLE before the appellate court decisions......on the dollar amount and then await for the legal rulings.......
....this locks in the financial consequence for both sides.....preserves the legal rulings..........and both sides move on..................
....DID UBS agree to a financial settlement...........pre appellate cross appeals.....????.......NO IDEA........rumors are YES....but the dollar amount is quite small.......???.....
....................WIN WIN............money soon (although low-ball)........or we fight for another couple of years.........for MAJOR MONEY (my vote).....aimho.....
UBS realtime Balance Sheet...........Cash, Cash Equivalents & Federal Funds Sold...................$413,187,000,000...........................
TWO MOUSE CLICKS..............=..............$100-million.............net.................TYVM..................
.....DTCC repo rate....TREASURY 5.340%.....3.14.2024....................
.....no news = GOOD NEWS........ala the fine wine mentality.............each passing day = more money to be paid out to the UWBI purple polecats......
.....BIG BOY HARDBALL.....and the uwbi rodents fell into what could be the BIGGEST SETTLEMENT ON ALL OF LIBOR..........pure LUCK..........
....mayhaps we take our talents over to the TRUTH SOCIAL internet social media platform........appears you rabid sandfleas ain't having much luck on GRINDR........
.
definitely a settlement, but the deeper the case goes...........imo...........THE BIGGER THE SETTLEMENT AMOUNT....................and when and if, a formal TRIAL DATE is set............GAME ON...............(when Enos and his NFL Rams team got sued by St. Louis or the state or county for leaving the city and violating ANTITRUST LAWS.......everyone thought the case was a joke and Enos would fight back and win.........but the city persisted and finally a TRIAL DATE WAS SET................3 days later.............$800-million settlement and Enos paid it in 5 days......Bank of America wired)..................
the FDIC may have pre-settled with UBS for $250mm.............?????..........which could look smart, if the basic case gets sent back or reversed on loop-hole technicalities, which is possible, imo....................only a dollar per, for us........add that to our current $10 per...........GOALPOSTS.......per...........TENNESSEE WINDCHIMES, per...........and the nightmare is over.................
I say..........FIGHT DEEPER...........settle for the Enos Antitrust precedent of $800mm...............or take it to an angry jury in Baltimore and get the $15-billies, that UBS can easily afford................................ALL THE WAY..........ALL THE WAY.............ALL THE WAY...........no FAIRIES, hereon, please............
$75 per.....no alternatives.............PAY UP, SERGIO......or, like Tik Tok........UBS WILL BE BANNED FROM AMERIKKKA.........GET OUT, sergio...........aimho.....
....I think there are numerous legal undercurrents that we do not see........and might be politics involved somewhere.............the FDIC knows high-priced defense attorneys can loop-hole out of antitrust allegations...............just a myriad of legal flaws ON BOTH SIDES, imo.................
....however..............sometimes a jury trial brings JUSTICE to a legal dispute......or clarity....or neutralizes a HUGE LEGAL FIGHT.........
.....the FDIC's legal premise is ROCK SOLID, imo......little people got hurt by the LIBOR scandal................let a jury of little people CALCULATE the dollar amount of damages..................inflicted by super rich, arrogant, criminal (white??) bankers......................
....UBS has agreed to pay for its sins, royally and has even long paid off the city of Baltimore, on the sonterra fund that held the school district bonds..............
...................FDIC said no settlement is possible......................but the sonterra suit has holes in it...............and a deep-pocketed defendant can fight for years.....only spending $10 million, maybe even $25mm, at the most, in legal fees...............fending off a damages award of $800mm, a billie or whatever............vs. $25mm to fight/appeal forever............
...........WE WIN, however this plays out, ROBERT.....................let's fight for awhile...........................swell the onion for once, robert and see what happens......
AGREED, robert, but I know the FDIC.......antitrust charges have been filed against UBS and others for outrageous actions which allegedly resulted in $$billions in damages.........IRONCLAD suit.......
and UBS has tons of idle cash...........and has settled LIBOR suit after suit after suit....with total blameless, guiltfree language in the settlement agreements......
ya ain't ever gonna get the BIG BUCKS if ya go lame and sell out in an emotional no-balls panic, robert...............
but I'm glad it's over, IF....IF....it is................and you can get off Mr. Holding's back, robert..........piling on the poor guy............geezo......after using his own mother's FCNCA stock to placate those rabid uwbi tadpoles.................
no worries and no hurries, robert.......................regardless of what happens...................we have winning lottery tickets with no expiration date..........aimho..........
Dude: no clue...but if the FDIC walks, as suggested, game over.........the FDIC filed the Hague letter which is posted on PACER 12.19.2023......just a standard, boiler plate petition, the notice and the transcript......????.............
we heard no money, $1.125B.....and then $800mm and the $250mm (1st, months back and cred).................but as far as the FDIC playing BIGTIME hardball and working a full jury trial,...............doubtful..........????.................something was going on behind the scenes........???.............
if true, FDIC wants the court decisions, the law.............and then shuts down sonterra, and the UWB Receiver...........terminates.............
as usual with this POS.........weird, secretive, waiting on a dead legal case...........nasty bastards.........where the F/-- is the money.........
we'll see soon and when this nightmare is over.......milli-seconds...........we believe the FDIC wants to be rid of US....imagine that.......probably because of that rogue internet hater troll............banjo something........yapper...............bad-mouths Mr. Holding.........promotes Roe v. Wade.........roots for the Redskins........drives green cars and trucks..........insurrectionist wannabe....aimho...
......sonterra DISMISSED or DEAD...???.....closure/payouts = $11 per....5 + 6...............
....whatever.........neal's got less cred than me..............GOALPOSTS......TENNESSEE WINDCHIMES......per....???.....
...this is ARMAGEDDON and it really ain't too bad.....................
...we'll see........I"M STILL ON THE $75 per BANDWAGON...........WIN WIN.............aimho.....
CAN WE SOLVE UWBI - - meaning accurately forecast the final payout - - USING MATH OF ANY LEVEL............????.........
definitely yes, imo..........I've tried using the tesla 3-6-9 MAGIC and we tried to insert some basic numbers into the COLLATZ CONJECTURE.....or 3x +1, and using the calculus graphs.................(no luck on that freak show)..........................
what is weird though, if you have 2 circles, and one's radius is 1/3 of the other..........how many rotations does the smaller circle make around the larger circle.....the obvious answer is 3, by calculations..........but this is WRONG...........the real answer is 4.........(the real answer is a measure of the circle's center point - - that is the distance the center point travels around the other circle - - not circumference over circumference..................MATH WIZARDRY......vortex math applies to the universe 100% of the time......uwbi is no exception..................
FRED, WTF does any of this hocus pocus crap have to do with the UWBI nightmare................????.........I believe we ROLL the net, per share value of the holdco proceeds, call it $4.29 +/-....(126.9mm sale proceeds/29.6 uwbi shares)........around the 3x, larger circle...............4 times...............$17.16 per share..........there it is.........SEE WHAT HAPPENS IN THE END AND THEN COMPARE BACK SOMEDAY..............to the penny, imo..............
.....re: sonterra vs barclays......the cross appeals we are waiting on...............................................
...to me, the long, drawn-out wait for the USCA/2 is a GOOD SIGN..............because it is complicated, legally, but the judges are smart and are definitely digging in to something............????..........which, again, means the BASIC SUIT will continue...........ANTITRUST at the two highest levels and the international commodities laws..................UBS is in a world of hurt.............imo............as the basic case plays out and the trial process begins............
....now, I also believe a couple of those perp banks are getting added back to this sonterra suit.......the entire class (other than UBS) was relieved, or removed and we appealed this ruling with a solid question, I feel...................whatever................the more the merrier..................
....the legal process at all levels.........SUCKS.......ameriKKKa is a HUGE LEGAL CESSPOOL.........way too many lawyers and judges and the process is BROKEN.....(artificial intelligence could one day LITERALLY WIPE OUT THE ENTIRE COURT PROCESS - - the mind-numbing gamesmanship - - ZAP, gone.....how cool will that be - - total automation and even the judges might be replaced with auto-pilot robot judges)...................
...anyhoot, on the sonterra appeals we are waiting on.............will come down soon and the process will continue....GONNA BE AWHILE......a long while, imo......
...................................NO BEGGING....................................
...and I am starting to feel sympathy for UBS......getting brutally attacked by the FDIC on a loop-hole, technicality ANTITRUST ALLEGATION......
...whatever...........we stand to CASH IN, bigtime.........IF THE FDIC PREVAILS, or settles for billies.................WIN WIN WIN WIN...........and our ante is 100% house money............
...with the FDIC, WE WILL BE SHOCKED IN THE END......high or low......GUARANTEED..........I've done dozens of freak shows with these AHs and been surprised with the end-game.....every time.......and...........and..........the end comes in a matter of minutes..........or several years..............always EXTREMES.
....aimho
we are keeping one crossed eye on that FRANK HOLDING AH...............................
FCNCA,,,,,$1,534.10....-19.49 (-1.25%).....probably not going down the tubes for awhile...........
BUT FRANK STILL HAS THE DENVER THRIFT PROBLEM HANGING OVER HIS FLAT HEAD............BUTNER, frank.....???.....mayhaps FRANK should summons his BUSINESS PARTNER, in waiting, DC EMHOFF..............over at 1600 pennsylvania ave.......better hurry, FRANK........cause DC ain't gonna be home much longer.........................GETERDUNN, frank...............Denver THRIFT folks are angry.........mobsters.........insurrectionists..................
...........nap time................<yawn>....................too much stress with that Denver THRIFT stock.........never ends and never pays off..................aimho.............
LEGAL ADVICE TO UBS, re: sonterra..........outsmart the fascists..........to wit, comes now......................
I would suggest DOUBLING UP on a settlement.........that is..........TRY TO BUY FCNCA or USB and tie the purchase to the condition to "resolve" sonterra......
kinda two birds with one stone, SERGIO, but levered, and in a way that benefits you on a related matter...................
even though UBS has unlimited monies in which to throw powerful lawyers at the FDIC, for years.......FDIC's turf and the FDIC is the USA........UBS will lose, in the end........100% guaranteed............smart money would find a creative way to settle, ASAP................smart business to end the LIBOR nightmare.............
whatever..........no worries from this vantage point...............fight and lose, SERGIO..........fight and win on a legal loop-hole or a technicality.....settle for BIG BUCKS or settle cheap..........F/U, sergio, however............<yawn>................aimho.................btw, limited cocktail menu during lent.......no vase-sized glasses, please...............
we noticed that the $4.4mm ITR is in the Receiver's recovery pool..............how cool is that..........(14 pennies per when the pea shooters declare a truce)..........???.....
.....2 DISCUSSION POINTS TODAY.........re: sonterra which needs to close for us to get monies.............
....1. the FDIC's "philosophy" on playing hardball is altruistic (= honorable).....the FDIC wants the LIBOR perps, whichever, to pay big money in damages for all of the fringe, little people who got harmed, by the OUTRAGEOUS FRAUDULENT CRIMINAL BEHAVIOR.............okay.....game on....???......
.....2. the remaining PERP, on record, is UBS.......which has paid out billions, or 1.8B...??..to date......or however much.......and might have pre-settled on sonterra but the FDIC wants the legal decisions to be made on the cross appeals, regardless of the money settlement (which the FDIC does, it did it with us on the bobbie richards ITR)......
the FDIC is formidable.....but has an outside counsel and is using its own internal WEAK, imo, legal team as well...........UBS is huge, loaded with cash and really, in the end COULD CRUSH THE FDIC......(neal is on retainer, we heard).......sonterra will settle and maybe has...............but we might as well run with this game and we could get lucky............SERGIO will write a check, soon, imo................WE FILL IN THE DOLLAR AMOUNT..............one-five....billies........15........aimho......
DUDE: no clue as to what happens on any of UWBI.................HOW----mother------F**K-------ing-------EVER.............being the defendant in an ANTRUST SUIT put forth by the FDIC,as UBS is.................BAD BAD BAD BAD position to be in................the worst ever, imo.............because the FDIC is evil, formidable and is not moved by offering up BIG SUMS OF MONEY................
UBS settled in August with the DOJ on the mortgage-backed-securities cases..............a settlement with the UBS "no fault" language....and I believe the DOJ gave immunity for all of LIBOR, moving forward, as far as crriminality??..................
I believe we/sonterra can still get a DOJ "endorsement" on the civil case which usually states that the behavior is consistent with Antitrust violations.....but the case is long established, imo and we have a RAT-OUT co-defendant with the Deutsche Bank settlement............
LET IT PLAY OUT............no worries............WE HAVE A ROCK SOLID CASE IN A FRIENDLY VENUE, the hague letter is approved and launched, and the FDIC is angry..........oh yea!!!!...........and did I mention that UBS has $400-BILLION in idle cash and is trying to increase its presence in ameriKKKa...........SERGIO can write a check for $15-billies, TODAY....TODAY.....TODAY.........
................WINNING...................howz about that $75 per...........let's TEE IT UP....................aimho.........................
...re: UWBI payout and the wait for the sonterra case cross appeals at the USCA/2...............still nothing......definitely a problem or the court is doing a DEEP ANALYSIS of the sterling/LIBOR actions.................????.............
,,,,,NOTHING BAD CAN HAPPEN IF EITHER OR BOTH APPEALS GO AGAINST US/plaintiff..........so, geterdunn, but F/U to all involved...........
....probably a decision in a couple of weeks and then, the formal suit, remand, over-ride, dismissal, whatever.......????......onward.....???....
...my take is, the STERLING/libor factor is legit.....UBS, on this case, unlawfully manipulated the index and other banks were aware of the 'tactic' and did hedges or default swaps or pre-sale discounts or whatever...........BUT CAPITALIZED on the fraudulent act...............the laws are weird on this.......is it complicit fraud..??...and/or the case allegation here is ANTITRUST...??......so we are gray and gray and could get back to the SCOTUS on legal technicalities........
...and did UBS and the FDIC already arrive at a pre-packaged settlement, they just wanna see if the court forces back a couple of the participating banks....???....
.....no hurries and no worries.............DTCC TREASURY 5.358%......deposit interest rate...............paying out or accruing on the holdco monies......aimho....
....WE RESTORE THE CONFEDERACY.............January 20, 2025.....................................
....how F**K--ing cool is that...........????.............oh, okay, okay, you wanna know if we'll have our UWBI payout by then....???...
...possibly, but IF WE DO NOT.........this means the end-game monies will be HUGE-ER (to use a donnie-ism)............
....HUGE-ER.............let's do this................we'll probably be deep into the LIBOR trial with UBS flailing on the ropes for causing a $TRILLION in damages, when donnie takes the oath...(rumor is donnie is going to issue across the board pardons for any and all convictions connected to Jan. 6.........seconds after taking the oath - - HOW COOL IS THAT???)...................aimho..........
......total speculation but IF....IF......the FDIC informed the ESOP in 9/22, that the original UWBI shareholders, per ERISA, that they could expect a payment, from the FDIC....????...........of about $10 per share............in another year or so, from that point...........????................
.....but this $10 per, estimate, MIGHT NOT HAVE INCLUDED the holdco monies.........which the FDIC claims it does not know anything about????, for the record......$6.50 per???......????....
....my theory, is UBS is settling or settled or pre-settled sonterra...........pre-packaged DEFENSE CLASS resolution...........and all we are waiting on, are the cross appeals.........the UBS suit/action is the basic suit which will be upheld............but there is a problem at the appeals court with the defendant class members.......what UBS is doing, is settling on behalf of the class.................as the only class member..............and if like SOCIETIE GENERAL???? and ABN AMRO Bank, are added back.....they are settled, by UBS...........and if not added back...........DONE DEAL................the end...........
......HOW MUCH...................this is tricky................$1.125-billies.............too cheap, but might be the number...............and the FDIC may have derived the $10 per dividend, from the UBS discussions......(knowing we would net $5 per from LIBOR and we have $5 in recoveries to date)...................???...........
....whatever..........UP yours..........if settled and paid soon...........$16.50 per...........MY CHOICE AND CURRENT PROGNOSTICATION is full LIBOR suit and damages assessed at $15-billion......which is peanuts to UBS............$75 per, checks in the mail.....in a couple of years...........aimho......
........................GO ORIOLES...................................
with each passing day.......THE UWBI PAYOUT INCREASES.......exponentially........
so lets ride this "Château Lafite Rothschild" Bank and Trust for awhile....even another year is not a problem....it's a SOLUTION......
winning......no wimps nor weasels nor thin-skinned peewee herman wannabes......hereon................
we got donnie back in the crow's nest........next is the $75 per distribution on the world's best stock investment....EVER.........
ROCK ON, bobbie..........but seriously, we have a great foundation set to TAKE UBS DOWN FOR ALL OF LIBOR...................and UBS is loaded.....loaded..........
WIN WIN, bobbie.............there are few opportunities in life to REALLY, REALLY cash in................and we fell into this sonterra case.......WTF....WTF.......
so, let's run with this case for awhile................build up leverage........and then maybe get lucky on a technicality......UBS wants to buy frankie........or Janet Yellen brokers a settlement.......or even DC EMHOFF gets sucked in...................sh*t happens in life.............be in a position to win...................however................
two mouse clicks, bobbie..................and $75 per................hits our accounts................UBS has $400-billion in idle cash and has been accused, in a U.S. federal court of law of violating SHERMAN, and CLAYTON antitrust laws and the commodities exchange law.........RICO....RICO.....RICO...............CLICK CLICK, bobbie......
I'm personally more into the blue blood Denver Country Club....lower key....old money...
But for power-brokering in Denver................CHCC...........heavy hitters............dudes party BIGTIME.......BIGTIME..............
$75 per, bobbie..............that's our OBJECTIVE.............$75 per, bobbie..........................
and if we get limp and sell out.............$40, or $50-per, will do........................
.
initiation fees = $135,000 and prospective members must have 3 sponsors, however membership is CLOSED, at this time.................
sorry, fairies................KEEP OUT.................NO ADMITTANCE.....................
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Luke 23:34 "Then Jesus said, 'Father, forgive them; for they do not know what they're doing...'"......
compare the Cherry Hills CC membership roster with the last year's profile of senior managers and shareholders and influencers of United Western Bank.......
further, every bizarre rumor that came out of CHCC has turned out to be true and accurate........................
please wait and see the end-game on the UWBI POS, before passing judgement...............AMEN..........................
.
my position is WE TAKE THE SONTERRA SUIT ALL THE WAY THROUGH THE BALTIMORE FEDERAL DISTRICT COURT............and get that jury to award damages....................ROCK SOLID........................no settlement............no resolution.........JURY VERDICT AND DAMAGES AWARD..............
we fought for two years, up to the SCOTUS, to get a favorable venue in which to launch sonterra............JUSTICE NEEDS TO BE SERVED.................
no wimps, hereon, please...........................no fairies...................no weak-kneed peewee herman wannabes..............KEEP OUT................
$15-billies on the sonterra settlement, which UBS can easily afford.........................$75 per to the uwbi cusip rodents..........ONLY CONCLUSION............
.....the sonterra suit is baffling on many levels, LAR LAR DEAR............super complicated mess............dangerously BIG but the legal wires are all clustered up......
....UBS is on the hook, imo but is settling for the entire defendant class, which might not be a class, but might be........ETC...........
...bottom line, LAR LAR............keep those 8-balls lined up and within reach...................this monster mess will close really, really fast, when it does......
....even if the latest YAK YAK is off, the end is near and the dollar amount is getting clearer, and firmer, imo......$15-17, per is a lock.......go ORIOLES....aimho...
sonterra settled for $1.125B.....checks in the mail = $16.50..................................????
banjo bob/blind squirrel/broken clock MONEY.........????.............$10 per is a "dividend"..............
math definitely works.......sonterra = $750mm after legal cut of 1/3......we get $150mm plus the $144mm in recoveries to date....spot on......
cherry hills cc 'closed cigar bar' (patio is ok for all smokable items???)....cranks out the scoop....
geterdunn..............within 45 days......????..................well within....???...............aimho.................
.
New York Community Bancorp, Inc. (NYCB)............
$1.86..... -1.36 (-42.2360%)..............wipe-out.......FDIC will soon seize this road-kill THRIFT....
Some of the pressure on NYCB was exacerbated by its rapid growth through acquisitions in recent years. Takeovers of rival lender Flagstar Bancorp and parts of Signature Bank (at the direction of the FDIC) almost doubled the firm’s size. As its assets swelled beyond $100 billion, NYCB faced more stringent capital requirements for so-called Category IV banks in light of their systemic importance..............
ala FIRST CITIZENS BANK.............FDIC sock puppets always get burned................................
....impossible to determine the quality of FCNCA's commercial loans.........????..........specifically, the loans that came from CIT...............
....I would assume there are about $60-billion of core, CIT legacy loans.......of the $215-billion in total loans outstanding, which are ASSETS........
....maybe the FCNCA CIT-connected loans are okay..........but with rates going up, most are weaker, by definition......the collateral on the large CIT loans are ODD-BALLS, imo.......waste-water treatment plants, freak equipment makers and users.............some core commercial real estate, office buildings, apartments and industrial.....billions..........but we never saw a concentration.......????.........dunno............IF....IF......the CIT portfolio is a DISASTER, FCNCA is a FAILURE......a 10% charge off/write-down would take $6-billion off of frankie's capital...................which becomes a 'watch' for the entire First Citizens operation......more reserves, higher deposit insurance and limits to dividends and executive compensation...............
...NOT TRASHING FRANKIE's junked out credit union............YET..........BUT THE "ATMOSPHERE" for a FCNCA collapse is certainly here and now, imo......
.....FDIC did a formal bank exam in October of 2022.......and won't do another for 18 months........dunno what the exam showed as those are strictly confidential and may or may not be generalized in SEC filings.....usually yes if good and silence if bad, imo.............
....whatever........F**K frankie and his FAILING THRIFT.............only way UBS or any big bank would buy frankie would be if the FDIC sponsored the sale.....to basically save itself....................BILLIONS...........$6--or--$10-billion or more..............sell now before the blood starts spewing........and UBS ain't gonna say no, if the sonterra suit gets settled as a wink wink condition.....................I/M/O..........................
WANT YOUR MONEY on UWBI....????......get the UWB Receiver terminated..................simple....................
I offered to broker a settlement on sonterra............response I got, as usual a threat of:
Tortious interference is a common law tort allowing a claim for damages against a defendant who wrongfully interferes with the plaintiff's contractual or business relationships. See also intentional interference with contractual relations/business law................F**K YOU to the turd legal weasels who are incompetent buffoons feeding off of a piling on slam dunk case..............I'm sitting right here......................bring it.............
but seriously...............per marty, I say to SERGIO...........5 bills and UBS authors the 'understanding of resolution'................???.....all SERGIO can say is........$2-bills.....????...................marty might take it.................or we call it $3-bills and UBS authors the treaty.............done deal.........15 days.........oh yea!!!!!!......
kinda feel that we is near the closure.............of this nightmare.............that UBS offer to buy frankie's body.......????.........has legs, but I don't think so.....bigger question to all of us..................IS FCNCA gonna fail due to the CIT COMMERCIAL LOAN PORTFOLIO CRASH.......hell yes.......BASIC MATH....F/-- frankie.....imo, he caused our problems and we ain't been compensated yet while his stock has multiplied 5-times...............
.....................AIMHO............................up yours to all.........................we need traction on this mess...........any----mother-----f**k---ing-------news.........off of I-HUB.....anything............
FCNCA trading on 3.5.2024...overall market was DOWN DOWN DOWN.........$1601.15......+$39.35.....or 2.52%...........
here's the kicker.....
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