United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

...80%+ of all D&O suits are resolved out of court without trial....

...clearly, there is insurance and the FDIC controls the entire process................but the face amount of the FDIC vs UWB O/D's = $76MM, with identifiable loans cited in the complaint..........and it was very, very dangerous for the FDIC to file suit against nobody bank clerks with no money who were innocent victims, imo.............and the D&O suit could re-open the entire ILLEGAL SEIZURE.......

...conclusion on the D&O suit: FDIC strategy to maximize recoveries - - note how late in the process the suit was filed..........money grab against the bonding insurance company which usually pays out about 65% on the claim to settle...................

...and the behavior by the FDIC-R on the ITR: the FDIC-R had to force the money into escrow because the ITR was included in the BK ESTATE - - unlike the CSSA and FDIC-R settlement with Claimants.....TRUSTEE'S pre-approval is a giveaway of the CSSA.

...do not have a handle on the FCNCA involvement with the CSSA........FCNCA might carry the entire settlement or may not be involved at all............either way works for me............

...so there are someone's opinions...............guess who's.........guess again...........nope.......................

...and no questions or comments from the girlie girl scouts.........TYIA...........................................