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those 2024 Corvette Stingrays are bigtime cool.....I know, I know, corvettes have a bad rap............red neck chic, etc.............but I sat in a new one and the 2024's are loaded and look lambo cool.........actually cooler and for $88k, WTF......................
https://www.webergranitecitychevy.com/inventory/new-2024-chevrolet-corvette-stingray-2lt-rear-wheel-drive-convertible-1g1yb3d41r5113234/?store=3546731957565782794&gad_source=1&gclid=CjwKCAiA29auBhBxEiwAnKcSqqQwgkpJGs3e0PtSCthSntGmiz4wuhpjZxHsOHJvzWcUe5THDObR7hoCz3wQAvD_BwE
point being, for you 179 tax cheats......................get the UWBI cash and then select a company car (ahem!!!).......which might be discounted by about 42%, given the dividend status by the fascists and then the states want some....................
see how painful this ultimate distribution is gonna be....??.......and the corvette is the back end of this nightmare.........the AH, as it were.......wait to you see the front end......$10-millies worth of toys......
hit me again with that plastic flog stick, larry..................again..............more................oh yea!!!!!!!!!!!!!!!!!............................tingle, tootle.................
The Resplendent Quetzal has long been considered a sacred bird by the ancient Mayan and Aztec civilizations. Its feathers were highly prized and were often used in religious ceremonies and as symbols of wealth and power...................
We got this.....................
..."UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED,
AND DECREED that the September 21, 2021, judgment of the district court is
AFFIRMED"..............this is just a SAMPLE prototype of what we are waiting for on the UBS appeal........certainly, attached will be comments on the claims and statements made in the appeal...........which shows the court read the appeal and addressed the points of law..........<yawn>............
...point being..........we need the appellate court decision on the main sonterra v. barclays suit..................a TRIGGER..........LAST STEP.......or FIRST STEP TO THE BIG MONEY................aimho...........
....MY PREDICTION WOULD MATCH YOURS, lar lar my dearest................$10.50 per is the amount that meets all metrics..............and the bottom line on the FDIC would probably match that, as well...............small settlement on LIBOR and added to the FDIC's receiver recoveries, to date...............$5.50 per, from the FDIC and added back to our $5 per, on the holdco sale...............no drama, no details, no anything - - just a wire into our brokerage accounts with a tag of: "uwbk liquidation and cancellation proceeds"................(which is nice, all of the distribution will be lumped into the LTCG....and taxed at 21%).......much love, lar lar.....but GETERDUNNN, soon, please.............................aimho..............
COULD WE GET STIFFED BY THE FDIC.....................?????????????????
ABSO-----mother------F**K---ing--------LUTELY.................probably will at some level............
1st of all, UBS could win its appeal and the sonterra case is over (our appeal is to add back the 15 banks who traded derivatives on the faked index, so our appeal becomes moot)........................so, ZERO FROM LIBOR...........and then the FDIC sucks off all of the recoveries to date from the DRRIP subrogated liabilities....and WE GET NOTHING FROM THE FDIC..................
WE ARE LEFT WITH THE FRANKIE FUDGE HOLDO PROCEEDS........at $5...........per..........THE END........FDIC ROCKS................aimho..................
.....please show RESTRAINT, biglots bob........we wanna ride this train for a few more months.....accrue some healthy interest on the holdco proceeds.......and make certain that we get top dollar on the LIBOR action......Château Lafite Rothschild-----ESQUE, biglots bob.......and the building lots we have on our radar are getting cheaper as we converse, biggie........stocks and banks on our radar might get cheaper, as well, biggie............
.....but, the end is near, bigster...............100% on dat............for whatever dollar amount.........but FIT-TEEN, per, works well, biggie............
.....AGREED....definitely suspicious activity on the FDIC DRRIP report.............."FDIC Subrogated Deposit Claim" added 10.27.23.....???.....the word "FDIC" and "claim" was added to this line description...???......
....further, there no longer is a footnote where the recoveries were described, as added........????.............
....my take is, the Receiver itself is preparing to terminate....AND....the FDIC is gonna take some of the Receiver's recoveries and apply those monies to the subrogated liabilities of $144,334mm................then the priority list of "Claims" and the FDIC is not specified, but could just consider itself an unsecured creditor......note this language............."In accordance with Federal law"...........yea right, FDIC's laws...........
....anyhoot............ALL BOWEL MOVEMENTS OF ANY KIND IS GOOD WITH THIS POS.........awaiting those sonterra/libor cross appeals which, we believe TRIGGERS the settlement, closure and...................$$$$$$$$$$$$$$$$$$$$$$$$$..........the $$$$$$$$$$$$$$$$$$$$$$$...................aimho............
....complicated circumstances, BIGLOTS BOB..........not sure if we could create the class action status as shareholders, assuming Guy would have opposed it.......but, I was told, we add Guy to the suit after establishing the class action status (submitted simultaneously)..........but we might have had to force Guy into an explanation of HIS/OUR "best interest".....................huge mess, regardless and we might cash in on whatever the F**K Guy is doing...............
...also, we don't know who had the trigger decision on the FCNCA pledged stock.............bottom line.............gotta see how this NIGHTMARE ENDS......still might be UGLY, although the smoke signals are quite good, imo..................even if the FDIC sucks off the subrogated liabilities and makes itself WHOLE on all of United Western Bank.......................whatever.........
...all is well that ends well, BIGLOTS BOB...................this mess better end well...................
.....................going with $15 per, about $9 of which is a "dividend" and the FDIC might, might bake that into the cusip value and alert the IRS that the payout is a LTCG.....(dividend is a "value blend")........one simple form and saves 16% in taxability (37% tax bracket minus the 21% CG).......WE COULD ALSO LABEL THE DIVIDEND A LTCG EVEN IF THE FDIC DOES NOT AND FILE A PROTEST WITH THE IRS - BUT YA GOTTA PAY THE TAX UPFRONT, anyhoot)...........aimho..........GO ORIOLES.........(at least until we get our money)................
...Dude: STOP....yes as common stockholders, we can create a class action and literally revive the suit against the OCC.....it was actually an appeal of judge amy's sham summary judgement............AND WE CAN ADD GUY ALLEN GIBSON to the suit, as a co-appellee? (we be the appellant??).............imagine that..........there are gounds, given that Guy made the decision to drop the suit because it was in THE BANK's "best interest".......................
....bottom line........GET F**King LOST, dude................the FDIC is corrupt, imo, but they are adding 9 bucks per in a dividend to our $6 from frankie's packed fudge factory..............FIT----TEEN, per......all we are waiting for his whichever banks are gonna JOIN UBS in settling with the sonterra plaintiffs for $2-billies............
.........onward.........we got this......................MAGIC MATH............................applies to all facets of life on planet earth.............base 10 number system, but if you change the base number systems, the ratios and proportions still come out in a 3-6-9 pattern...............
..................opinions only hereon.....................but we are NOT fiction scientists.....................
....OMG....OMG.....HUGE DISASTER INVOLVING FCNCA........................................................
....IRS IS SUING THE FDIC FOR $1.5-billion for back taxes on Silicon Valley Bank....and frankie might get added to the suit, or even ratted out by the FDIC...???...
https://www.reuters.com/legal/irs-sues-fdic-over-silicon-valley-banks-14-billion-tax-debt-2024-02-13/
HOW COOL IS THAT........frankie's fake empire is CRUMBLING.....frankie should not have conspired to STEAL that DENVER THRIFT back in 2011.....karma......
tingle...........tootle..............wake me from my nap when that $15 per money hits our brokerage accounts re: the POS............tyia.........aimho..............
..."ah did not have sexual relations with that woman, Ms. HOLDING, and even if I did, I wouldn't have done it on FRANK HOLDING's Raleigh desktop".......(reference to HOPE HOLDING, not ella ann - - what kind of creep do you think I am...??)............anyhoot................onward, speer.......
...we solved UWBI, or at least interpreted the endgame using magic math......$15 per........couple of logistical details and we move on......no hurries and no worries......and the FDIC came out clean, 100% on that FAILED DENVER THRIFT THAT WAS WRONGFULLY SEIZED....WTF.....aimho.....
....ask me just once, sand flea....but, no.............not a chance...............sorry...........nothing against the peewee herman persona, sand flea, but c'mon, dude..........
....I'm in the process of down-sizing, anyhoot..............one main crib..................beach.............beachy.................new build.............belleair cc..........dunno if you and biglots bob can get in....................doubtful...................
...bring the FIT-TEEN, per, sand flea...........and you and biglots bob can visit me..................how's that.....???.....
....golf date...................etc....................but the FIT-TEEN, per, sand flea..............everything after dat is GAME ON............
bring it, sand flea sir..........peewee herman wannabe.....freddie rogers neighborhood........driving a FORD PINTO, sand flea.....????......not a good look........
works for me.......you probably have a pea shooter in your front pocket and a bag of cotton balls ready to throw at us........a savage sand flea............
FIT-TEEN, per, sand flea sir......in 2024...........and all will be forgiven.........or most.........
dunno where your hood is, sand flea dear, probably not my type of spin............but do bring the FIT-TEEN per soon....................
....off the record, dunno much a nuttin'........................we believe there is a $2-billion settlement on sonterra/libor, but who is a defendant, that is, what bank besides UBS is going to pay.......is tangled up in the appellate court, imo..................not a problem for us, imo...............but if a few banks or added back, or all 15 of 'em....or however many....................they is all gonna want immunity, I assume (and DC), or waivers or want to be party to the waiver of responsibility.............
....could have been the Deutsche Bank settlement agreement, might be DC or Neal, or osmosis...............smart business not to fight the FDIC, imo.........they ain't gonna come after you without a justifiable cause, imo............relentless bastards..............in their world, it's their rules.....break 'em at your own peril...aimho......
...until we get our money..........GO ORIOLES................orioles.........WTF is that, larry........???...............jury tainter.................
...tingle, tootle.........we do like the fit-teen per program......even after the fascists take their cut...................onward, speer...............
144 balance of holdco proceeds, 144 receiver recoveries to date, and 144, our half of the libor resolution..........MAGIC...............(fdic does suck off the subrogated liabilities of 144mios, but whatever, F/-- 'em)..................onward...............(btw, the libor take = 288mios.......2 + 8 + 8.......added together = 18..........1 plus 8.......=........MAGIC.....9.... of the triangle, 369)..........more magic.......
3-6-9.......powerful........forces of the UNIVERSE.......$15 per......1 plus 5 = 6...........wow..........
.......NUMEROLOGY ON OUR PAYOUT......crazy cool..............3-6-9..........................
....144/144/144/144.........millies each line grid.......FDIC 'claims' one chunk......3................
.....3----BLOCKS............integers in each block = 1 + 4 + 4...............9......................
....per share payout totals $15......................digit 1 plus digit 5.................6.............
.....frankie's junked out credit union = $1500 per / 100.................likewise $15............OMG...........
....MAGIC NUMBERS ARE ACCURATE....100% of the time....disclosures in month 3, 6, or 9...2024..
...THC gummies for breakfast again, SAND FLEA.............????...............we are still in the middle of BIG BOY, HARDBALL LEGAL POKER..................
....gotta admit, however, that THIS DISASTER CANNOT END TOO BADLY...........because we are in bed with the FDIC and frankie holding and now UBS......and the money chatter begins with a B...............B, sand flea..............$$billions................or at least hundreds of millions of dollars.............
....point being, sand flea dear........................having worthless, wiped-out UWBI cusips might be......well, BEAUTIFUL, sand flea.............
......PAIN = GAIN, sand flea.....................so thwack me a few more times with that plastic flog stick, flea dear...........more..............again............oh yea!!!!!.....25...dollars......PURRRRRR...
...sir, that total unpaid deposit claim is converted to: "FDIC Subrogated Deposit Claim $144,334,900"...........on the Balance Sheet............LIABILITY..............(I will admit and agree that the titles on the claims summary and balance sheet HAVE CHANGED, slightly........????........not sure what is going on here, but the FDIC does what it does. to benefit itself, imo)....................
....so the question becomes......does that subrogated deposit claim, formerly tagged FDIC SUBROGATED LIABILITIES..........get paid down BEFORE any dividends are paid out, when the Receiver's recoveries are completed and the Receiver gives notice in the Federal Register, of NOTICE to TERMINATE......????.......
....I say maybe...............latest gossip is sonterra is settled for $2 billies and the FDIC will pay out all recoveries......all recoveries to the surviving claimant.....which is united western bancorp, inc. common shareholders..........????..................and NOT SUCK OFF THE FDIC FUNNY NUMBER of $144mm.........???......
.....COOL, if true.............$25, per share, total in the end................$19 of which is a DIVIDEND................whatever, bring it..........AIMHO...............
....USA rate of inflation = 15%...CHINA's in a deflationary collapse...minus 15% to minus 50%...
....<yawn>..........<yawn>...ARMAGEDDON on the horizon......<yawn>.....<EXPLOSION FART>.......
....when governments and politics get involved in FREE MARKETS..........DANGER..........artificial supply and demand pricing......FAILURE..............
....let nature take its course........CHINA's economy is a house of cards........USA needs a reset to burn off the excess liquidity in the economy.....
.....what about that DENVER THRIFT cusip thing-eeee....????.........no worries.....gotta finish getting the Receiver clawbacks.....earning nice interest on the original holdco sale proceeds....................should close out within a year or two.......on that last clawback, a LIBOR claim, gotta get a trial date set to leverage a FAT SETTLEMENT...............let the situation germinate......more time = more money on the settlement......tingle, tootle.......aimho..............
WANT SOME BIGTIME SCANDALOUS RUME RUME.......??...............HUGE and connects UWBI to the DRAMA................................
UBS is sniffing at frank holding's AH.............seriously...............even looking at USB......????..............
always heard UBS wants a traditional, large, retail-esque US BANK (ahem!!!)............USB would cost probably $50-billies and is a good fit....about a $550-billion in assets bank.....................UBS could afford it and has digested Credit Suisse.................?????.....
UBS buying First Citizens................????....FCNCA is exactly one-half the size of USB, and has the CIT commercial loan portfolio on its books...........too weird...........and ya think the FDIC is gonna allow those slimy, crooked LIBOR-manipulating, school-children ABUSER, antitrust violators.......................to buy the sacred FRANK HOLDING CREDIT UNION........???...........no chance..............unless, unless......mayhaps this Sergio P. Ermotti creep dumps $3-billies in the FDIC's lap...........re: that sonterra libor cause of action..........YA THINK............
unbelievable...........UWBI rodents find themselves in the middle of another FREAK SHOW.........and still no money on the cusips.............aimho..............
....loose lips on the Cherry Hills CC "patio"............former cigar bar terrace (wink wink weed play) now brandy bash central (smoking permitted???).........back to the LOOSE LIPS LIPPA STATEMENTS...............................$25 per cusip share...................?????.......................
....the math does work.............$3-billies on the sonterra resolution...............plus $6 per, plus $6 per......................13 + 6 + 6.....................that's an advanced calculus equation.....might need rogue i-HUB poster BIGLOTS BOB to solve that one..................but $25 per is close enough..............
....my concern is Zurich BANK and TRUST.....aka UBS............................fighting the FDIC in federal court over an ANTITRUST VIOLATION is not a good look, particularly when UBS is trying to expand exponentially in ameriKKKa..........just sayin'...................ya ain't gonna win and ya want the FDIC to love you dearly, because ya gonna be noodling with these fascists, again.............at many levels.................
....no hurries, no worries................GETERDUNN!!!!!!!!!.........or don't GETERDUNN!!!!!!!! for 3 years.................either or.............we do like that $25 per LIE perpetrated by LOOSE LIPS LIPPA.............stoned, drunk and woofing on a cigar.............aimho................ ...............
.....Las Vegas new NBA franchise is gonna cost $2.5-billion to buy in........LeBron, Michael J., Shaq, MAGIC and a few other notables...........WAY OUT OF MY LEAGUE.............but how cool would that be........????..............Enos is in, but he rode the Wal*Mart train in via marriage..........I could still marry Alice Walton and try to buy an NBA or NFL or MLB team..................Alice has an $80-billion Net Worth and is looking for a b/f.....................???....
....back to OUR REALITY.....the ugliest, worst stock investment....EVER......UWBK.....ouch!!!.....but it might end well.....or at least END......just END.....
....on the Law Vegas team name...........my choice...............POLECATS..................purple color scheme...........I would like to call 'em the purple polecats but the team name can only be one word..........(hockey's golden nights are two words, but that's hockey??).................
.............up yours, show me the money......need some good BLOW - - then get back on that $65 per PROGRAM..........aimho............???..............
....ABSOLUTE BOTTOM LINE PAYOUT ON THIS WORTHLESS POS...............................
....final per share price MUST be more than FCNCA/100, per share....because the FDIC forced us to not take frankie's packed fudge on the holdco sale/NOLs, and instead take cash and deposit it in a trust account.............AND AWAIT THE UWB RECEIVER's final payout to the shareholders as the lone remaining creditor......when the RECEIVER TERMINATES.........................had we taken the FCNCA stock, in 3/2020, the stock had to be cancelled as part of the conversion.......and no survivor to get the receiver's monies..........????.........so we took about $138.6mm and await the FDIC's payout on the recoveries......
...the FDIC will say it didn't expect frankie's crap stock to rise 4-fold............but it did because the FDIC fed frankie CIT and SVB...........gave frankie $150-billion in assets and $10-billion in free cash and a back-stop................
....FCNCA = $1,502 per share today..............SO, WE BETTER GET MORE THAN $15 per, on the POS..........or whatever FCNCA is priced at / 100...........or we revive the BANK vs OCC and take down frankie and the OCC.....................BREACH..............$10-billies and we triple.............(and I can't promise that I will personally grab Mr. Holding and B/H/A...........just take my word on that)...............................aimho......................
.....BEST CASE....and WORST CASE............both = 3 YEARS...........sorry......................................
.....the FDIC HAS DUG IN and wants a jury verdict assigning RESPONSIBILITY for the LIBOR crimes.........and then damages awarded.................NO ALTERNATIVE.........going all the way, with appeals is gonna take 3 years, imo.................
....AND.......AND...............WITH A JURY VERDICT and a huge award, even TRIPLED......ain't a guarantee the FDIC is gonna pay any of it to us....through the UWB RECEIVER.................
....FINALLY.............UBS and other defendants COULD SUCCESSFULLY FEND OFF THE FDIC and get a jury to see the piling on and the fact that manipulation of the LIBOR index is not a big deal...........IT'S WHAT THE OTHER BANKS DID USING DERIVATIVES TO GAME THE SYSTEM AND MAKE HUGE PROFITS.......
............whatever................give me $45,000 per month in interest accruals on the holdco holdings and LET THE RATS FIGHT IN THE BOTTOM OF THE DUMPSTER......no worries and no hurries.......see you handsome gents in 3 years at the FDIC ATM......aimho...............
...DTCC REPO RATE....TREASURY 5.310%.....2.14.2024.......nice..........$1,250....per day.....tyvm.......
...no hurries and no worries on that POS Denver THRIFT SCAM.....fascist FDIC will pay us off, someday.....whatever...Kansas City REDSKINS won the super bowl.........aimho................
....$65 PER CUSIP SHARE.................assuming $15-billies from the ANTITRUST CRIMINALS........less 1/3 legal fees............divided by 5...........our % net = $2-billies.....SUBTRACT off the $145mm, in subrogated liabilities, which is what the FDIC "claims" it lost on the failed bank......divided by 29.6mm shares................$60 per..............ADD TO OUR $5 per, from holdco holdings.......................
.....DONE DEAL..........easily accomplished...............$65 per................could be in 15 days if SERGIO gets smart and settles sonterra upfront for $15-billies...............nice...........aimho.........
....BIGGEST UPSIDE for the uwbi rabid polecats is............sonterra/LIBOR trial, made into a national news event.............Baltimore jury trial......the abuses of LIBOR played up.........show the billions the crooked bankers made manipulating the LIBOR index..........super high lifestyles, cars, mansions, jewelry, yachts...........
....and then show how the inner city schoolchildren walking in slummy areas to dilapidated school buildings.........horrid looking classrooms, nasty school building bathrooms, leaking pipes...........................horrible scenes.................................
....the plaintiff then drives home the dollar amounts............the theft of billions of dollars............by UBS and other perps.............THEN WE SHOW INTERNAL COMMUNICATIONS BETWEEN UBS AND THE OTHER BANKS (courtesy of Deutsche Bank on the rat out settlement agreement).........smirking about how to use interest-rate derivatives, and hedges to illegally game the big money systems...........and then flash the rich WHITE, arrogant schemers driving lambos/CADILLACS (cadillacs in the hoods are always compelling) out of mansions, diamond jewerly glistening..........................FLASH BACK TO THE SLUM SCHOOL BUILDINGS and the cute little children walking to crumbling schools........
............the guilty bankers STEALING MONEY FROM POOR SCHOOLCHILDREN.........have a bank account with $400-BILLION......and gotta pay for their outrageous ABUSE of poor schoolchildren...............hand over $5-BILLION for ANTITRUST LAW-BREAKING..............which then gets TRIPLED.......
........................$15-billion, SERGIO...........pay up or we EXPEL ALL UBS BUSINESSES FROM THE USA.....................aimho...................
we are 100% dependent upon the FDIC........for the final payouts and for whatever "descriptive" tag is given to the distribution....which determines the income tax consequence...........
I simply don't trust these AHs........the FDIC can literally do whatever it wants, on the UWBI final payouts............my position is, no one expected the SIZE of the receiver's clawbacks...............or we would have kept the FCNCA stock paid for the NOLs/tax credits..........................
I, further, believe the FDIC will SUBTRACT the $144mm, in subrogated liabilities from the BANK's books...........before paying any "dividends"..........the DRRIP reports are vague, but note that payments to dormant creditors come after "rectifications" the Receiver must make...............
HOPEFULLY, we cash in on Sonterra/LIBOR, and even if we are stiffed by the FDIC, the dollars will still be plentiful.......$10.50 per dividend, and $6 per on the holdco proceeds..........that is looking like the ENDGAME, imo.....even on a worst-case basis.............$2-billies settlement on UBS/libor..........done deal............aimho..................
....we better milk the DC EMHOFF connection (with banker frankenstein) as soon as possible.......I believe DC can get Marty Gruenberg to reach closure, however, in the last major LIBOR case.......(it involves UWBI and UWB and FCNCA/venable LLP, by association)...................
........PRESIDENT GRANDPA JOE is toast and his VP is going out the door with him, imo.....JOEY needs to step down AT HIS EARLIEST CONVENIENCE....pathetic......scary........
...the cross appeals pop, is due at any moment and then we submit the trial date request petition, (heck it's a boiler plate, pre-cast, 1-page letter statement).....ASSIGNED JUDGE SIMPLY SETS A PRELIMINARY HEARING DATE (and then the legal beagles meet with the judge and set up dates and time frames)..........BUT GAME ON IN A MATTER OF MINUTES................
....leverage to proceed with the formal jury trial..............OR SHAKE DOWN SERGIO FOR $2-billies, and give him that immunity clause and let him draft the no responsibility/guilt waiver.............ONWARD......................$16.50 per, on the barrel head, for the uwbi rabid polecats....................aimho...........nice stuff............
...while on the FDIC, remember folks, the FDIC CHAMPIONS paying out "dividends" on failed banks for any reason...........................BECAUSE DIVIDENDS are ordinary income and the FDIC, in its internal reports......................ALWAYS BRAGS THAT TAXABLE DIVIDENDS BRING AN ESTIMATED 30% IN INCOME TAX REVENUE RIGHT BACK TO THE U.S. TREASURY......(IRAs are delayed, but taxable someday)...........and the UST is the FDIC's mother...........the boss..................
...with UWBI............the FDIC, in whatever math they fabricate...........is gonna give uwbi sewer vermin ........$300mm..............and estimate that about $90mm is coming right back to the USA gubment...................that tax year..................trust me, MARTY GRUENBERG is gonna make that the headline when UWB/UWBI closes....................and the FDIC SUFFERED ABSOLUTELY NO LOSS ON THE UNLAWFUL SEIZURE BECAUSE WE ARE PAYING DOWN THE LOSSES or SUBROGATED LIABILITIES.............................in full........................
....the United Western Bank situation is the biggest FREAK SHOW EVER.................WTF..........WTF..............????????.............
....now I'm upset and I haven't even gotten up yet....................give 'em the double middle finger pose, larry...........................facts only, today...........
.....CURRENT "CONCERN"..............FDIC and how they are going to close out the failed bank's books....which are still maintained.....
....glaring $144mm in FDIC SUBROGATED LIABILITIES which is the net accumulated LOSS on the failed bank............crystal clear.....12.31.2023...............
.....imo, the FDIC is gonna subtract the s/liabilities from the total amount of Receiver recoveries.............100% certainty and the FDIC rarely, if ever gets claw-backs or recoveries as LARGE as ours........unheard of...............
...so we hope the FDIC slams UBS for big money...........because the $144mm comes before us and that is $5 per share..............
....my math is, the FDIC gets the $2-billies from UBS, done deal, imo...............which nets us $260mm or $10 per...............but wait, we SUCK OFF THE s/liabilities of $144mm.........$116mm, to us, net..............$5 per +/- on LIBOR.......WE MIGHT HAVE THE OTHER $116M on recoveries to date........TEN BUCKS IN A DIVIDEND, soon..........add that to our $5.50 per on the holdco holdings...........$15.50 THERE IT IS.....soon, too......aimho...
only settlement possibility on Sonterra/LIBOR, imo, is 3rd party pressure, or intermediary..........Janet Yellen or DC EMHOFF, imo...............MARTY WILL NOT CRACK.....trust me and tons of money doesn't affect him, imo................
we gotta burn off the cross appeals, but those could happen at any moment...........90+ % of federal cases, involving the government are UPHELD.............
the beauty of our situation, is, imo, most of the lag time is behind us..............UBS has $400-billion in cash................and the settlement payment can happen within 15 business days...........and the FDIC would close UWB/UWBI...........minutes after the UBS monies clear.........................
two mouse clicks, ladies, which is a great position to be in..................while our $144-million holdco fund is earning 5.32%.................aimho........no worries and no hurries......
BIG BOY HARDBALL HERE..........................no fairies......................
FDIC fought for a plaintiff-friendly court venue, won and got a member of the defendant class (Deutsche Bank) to go rogue and RAT OUT lone surviving defendant (which happens to have over $400-BILLION in unrestricted cash)....................
FDIC got approval to issue a HAGUE LETTER which is open season to gather evidence against off-shore chartered defendant (UBS, and others added back, if the appeal is successful).............
FDIC stated no settlement "is possible".......................Deutsche Bank settlement agreement gave insights into what the base suit is about and suggested a jury verdict could result in damages of $2-billion, or more.........DB also agreed, in the agreement to fully cooperate with plaintiff.........
LET'S GO ALL THE WAY AND TAKE DOWN THOSE FILTHY SCHEMING CRIMINAL BANK ANIMALS............using some form of manipulation of complicated financial gibberish TO STEAL FROM AND RIP OFF POOR INNER CITY SCHOOLCHILDREN AND........outrageous and despicable behavior.....and these rich, white, arrogant bankers driving luxury cars need to pay according to their financial positions............they got $400 BIG ONES.....SO THEY GOTTA PAY $15 BIG ONES.................basic fairness.........................aimho...................
.....no clue on any of this......BIG BOY LEGAL POKER WITH HUGE SUMS OF MONEY ON THE TABLE.....FDIC has a bad attitude........which might benefit us but also could wipe us out................................
....gotta burn off the cross appeals at the USCA/2.......but ya always gotta assume both with be upheld.................
....how much will Marty Gruenberg demand to settle (with the disclaimer language - - and without the disclaimer language)........???
....how much will Sergio Ermotti offer (with or without the disclaimer language)........???
.....today's prediction.....appeals are upheld and FDIC enters request to proceed to trial.....Marty accepts Sergio's offer of $1.5-billion but wants to author the settlement agreement......................11.1.2024 +/-..........................$5 + $4 + $7 (libor net).................$16 per, by YE 2024...........
....NOTE ON THE RMBS SETTLEMENT AGREEMENT...........UBS agreed to pay $1.435B within 15 business days!!!!!!!!!!....................
....AGREED.....separate situation entirely......MY POINT WAS THAT UBS HAS THEIR DISCLAIMER LANGUAGE FRONT AND CENTER ON THIS RMBS SETTLEMENT...................and this continued denial is entirely unacceptable to the FDIC.......(Deutsche Bank had a plea of innocence in the DB settlement agreement, but the FDIC doesn't care about that settlement because it is a RAT OUT)......interest rate swaps and discount flips.......on huge debt issues..............
....UBS, on the other hand, will not offer "liability" nor "responsibility" for LIBOR because UBS contends that the participant banks committed the LIBOR crimes by manipulating derivatives off of the INDEX.......(and UBS states that it is paying hard money to compensate any party impacted by the actions).....
....another point is that UBS threw out $1.435-billion with little hesitation.........and the settlement notes "FIRREA" whereas our settlement will reference a provision of the "ANTITRUST".......law, which, imo, carries more weight and will require more money to settle................
.....can you compete at this level, ms. noodle...........????.............................aimho...................
glass is bone dry, SAND FLEA SIR..........sorry.......we warned you about trusting the FDIC.........
might be time to get religion or at least stay on WaMu.............
oh, and take the 49ers and 2 pts, sand flea......Mr. IRRELEVANT is the QB and the best player on the field's first name is CHRISTIAN....................hello................
next year, next year........washington football club wins it all.......little big horn, notwithstanding.....dc emhoff will be long gone and he didn't produce for the uwbi sewer rats........
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FDIC Subrogated Deposit Claim.....$144,334,000.......12/31/2023..........(per DRRIP).........
Approximate HOLDCO proceeds balance..........................$144,000,000...................
Draw your own conclusion, but you trannies are sitting here at the MERCY OF THE FDIC......
Also, re: Sonterra/LIBOR........no settlement, ever........both sides want a jury trial......
in the Aug. 14, 2023 settlement wherein UBS agreed to pay $1.435-billion to settle......"The claims resolved in the settlement are allegations only and there has been no determination of liability."..............which infuriates Mr. Gruenberg.................hello..........???
https://www.justice.gov/opa/pr/ubs-agrees-pay-1435-billion-fraud-sale-residential-mortgage-backed-securities
https://www.justice.gov/opa/file/1310171/dl?inline
up yours, losers....no news for 2 years and even then, PROBABLY A TECHNICAL WIPE-OUT......SUE THE FDIC.......aimho..........
....DO THE FAILED THRIFT RECEIVER's RECOVERIES EARN INTEREST.............?????????....................trick question..........
....YES AND NO..............yes it does, but the interest, imo, does not accrue to the benefit of the ultimate payee(s)...........????..........IMO........
....so if you trannies have $186mm in recoveries to-date...........where the F/-- is it....??.......book entry at the FDIC........interest accrued, if applicable "pertains" to the FDIC........pertain, larry, ???......really................
.....ain't yos, so go F**K YOURSELF and stop ripping off USA taxpayers with your FAILING THRIFTS...............thiefs............crudballs............flip 'em off, larry.....pathetic beggers.........tell 'em to go troll on WaMu...............
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....SUPER SUNDAY.....ala....tay tay and TK........<yawn>...........<yawn>...................not feeling it, yet.............sorry..............
......Valentines Day and Ash Wednesday/LENT.................sorry, again......we no do pagan rituals......religious mysticism or not.............<yawn>...........
....that failed DENVER THRIFT STOCK...........likewise..........poop...........<HUGE YAWN>........not feeling that disaster, either......probably a wipe-out......DO NOT GIVE money to the FDIC, and hope they pay it back..........never have and never will........sorry.......x.xx per.......the end......
.............need a couple of SPEEDBALLS.....a pre-roll.......get this machiavellian moving........not facing the list of DAILY CRISES.....f/-em all, go away..........
I realize it is very frustrating waiting and waiting and not knowing anything..............and wondering how many more years..........and will we still get WIPED OUT...???..
LEGITIMATE CONCERNS.......I'm the eternal pessimist, doubter, hater of the FDIC and I have experienced wipe-outs on speculative junked out stocks......never this long a wait...............never this secretive...............this is a dangerous game we are involved with.........
WE ARE IN BED WITH THE FDIC AND FRANK HOLDING AND NOW UBS..........frankie bought our holdco entity carrying the NOLs and used the tax credits....100% verified, so shareholders must be paid in order for the transaction to be completed in accordance with the IRS rules - - consequences carry criminal charges.......we have right at $5 per, safely in the trust account earning nice interest......any problems with this payout and frankie goes to prison...which I have told his people.....
THIS FDIC RECEIVER freak show is TO BE DETERMINED.......we - we were informed by the FED legal dept. that the FDIC had accumulated significant claw-backs, which are in the public domain?.....I went thru those and came up with $116mm, but the RBS dollar amount was missing ($60mm??).........then we have this Sonterra LIBOR suit...........totally a strange, weird suit that has lingered for almost 6 years now......I pieced some points together and then the Deutsche Bank settlement agreement and narrative EXPLAINED EVERYTHING about this suit......POTENTIALLY A HUGE WINDFALL, if it ever ends, with a jury trial and appeals or a settlement........???........ROCK SOLID situation, whether we get any money and whenever it dies..........
I'm a negative, disbeliever...............but I am two mouse clicks away from $100-million accruing about $45,000/mo in interest on the holdco proceeds.......no worries and no hurries.........UBS is cornered by the FDIC and can go free by throwing money at all of us........BRING IT................and dark chocolate THC edibles at the top of my Valentine's Day wish list.........those hash-oil loaded, pre-rolls are next....the big ones......stogies..................aimho.........much love, btw.........