500 mill today to get this settle and leave the FDICK their bounty from every other BANK seizure going forward , IS FKIN CHEAP!!!!!!!!
The precedent moving forward will be worth BILLIONS for eternity!!!!!! SO PAY FOR IT!!!!!!!!!!!!!!!!!!!
And I have even FOUND IT FOR THEM
For example:
3.5 Assets Not Purchased by Assuming Institution 3.5 (l)Excluded Securities the securities listed on the attached Schedule 3.5(1) $256,846,259.85 3.5 (p)Excluded Loans the loans listed on the attached Schedule 3.5(p) $228,251,513.08
Fred is there was 228 MILL in loans left guess what a loan ends up when it is fully paid off! at least 2 times the value!!!!!!!!!!!
GETERDUN
EDIT OH and that doesn't even INCLUDE the PPS appreciation from 444$ to $500 per share!
FRED they really need to wake the hell up!!!!! Seriously
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