AI
Friday, September 22, 2017 1:59:56 PM
Hi NewToGame¡¡,
this is the way i see this:
https://www.fdic.gov/bank/individual/failed/unitedwestern.html#dividends
VIII. Priority of Claims
In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:
Depositors
General Unsecured Creditors
Subordinated Debt
Stockholders
So we are still in the Depositors tranche, which in other cases (see Washington Mutual)
was paid in full (only) weeks after the seizure
On the other hand, somehow, The FDIC-R process of United Western has generated monies that have meant payments/"dividends" to the depositors tranche as time has gone
this is the way i see this:
https://www.fdic.gov/bank/individual/failed/unitedwestern.html#dividends
VIII. Priority of Claims
In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:
Depositors
General Unsecured Creditors
Subordinated Debt
Stockholders
So we are still in the Depositors tranche, which in other cases (see Washington Mutual)
was paid in full (only) weeks after the seizure
On the other hand, somehow, The FDIC-R process of United Western has generated monies that have meant payments/"dividends" to the depositors tranche as time has gone
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