......UWBKQ (united western bancorp) suit against the FDIC is at the SCOTUS with 10/17 presentation dates and 12/3 orals...........serious biz.......
......FDIC has used "BOB RICHARDS" to claw-back income tax refunds from the HOLDCOs of failed banks.............
......bottom line is the SCOTUS might make sweeping rulings re: failed bank HOLDCOs and the FDIC/RECEIVER.........for income tax refunds and who knows what else.................
.....FNBCQ is in limbo until this case is resolved...........might turn out positive for FNBCQ................who knows.........could get UGLY, too...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.