how much were those RECEIVER RECOVERIES, to date?
admission by the OTS/OCC to a FIRREA violation on the seizure means THE OTS/OCC STATES THAT THE BANK SHOULD NOT HAVE BEEN SEIZED..
Haynes sends a friendly letter over to the FDIC requesting politely that the FDIC REMIT ALL RECEIVER RECOVERIES TO DATE TO THE uwbi BK TRUSTEE.......at the FDIC's earliest convenience
we dropped the suit for some mysterious reason, and cut off a law firm hired on contingency
NOTE THAT ACTUAL RECEIVER'S RECOVERIES NEVER SHOW UP ANYWHERE.
$169,572,000 estimated loss (does not march with the $312,000,000 The FDIC said we cost them )
$1,535,194,000 deposits
$2,153,690,000 assets
$618,496,000 more assets than deposits ????
RECOVERIES, to date, which, after the RBS settlement will exceed $250mm,
How much was the assets that where excluded from the purchase and
assumption agreement.
Jan was 8yr anniversary of illegal confiscation of private property.
RECOVERIES suit would also open the door to the original UWB vs OCC...............getting THE BANK BACK. or VALUE.
Payout $15.50 per.................even a 50/50 split on the recoveries would = a distribution of about $10-$12 per.........per fred
The POWER of the Internet. Like the Six Gun in the Old West called an Equalizer.
Do your own DD, This post is my OPINION. ** TRUST, BUT VERIFY.**VERIFY