United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

The FDIC has now withdrawn its determination because the Receivership's theoretically possible recoveries have been revised upward as a result of changed circumstances and could possibly exceed the previously calculated $1.698 billion deficit, which in turn could possibly result in payment on non-deposit claims under the most favorable circumstances.

.....looks like the FDIC changed its mind.......................which is a ladie's prerogative..........

......only clarifier is, that this is COLONIAL BANK............not the HOLDCO which went thru a nasty process, and the HOLDCO shareholders got 20 bangers, if they got in at the right time......(TYVM)....

.....ACCORDINGLY, Ms. NEWTOGAME, I hereby take back half of those nasty facts I posted about you...................and you nailed the SCOTUS ITR ruling.............spot on.................remand..........

.....ANOTHER point about COLONIAL BANK is, the FDIC sued 'em, or sued the HOLDCO for the ITR and used BOB RICHARDS to win it, which is in some of the uwbi case records........

......also, as noted, the FDIC calls EVERYTHING involved with banks..............either "dividends" or "securities"............everything..........and they ain't never, ever gonna pay a failed bank HOLDCO, excess dividends.........I know you are banking on some of those $200mm++ in RECOVERIES, ms. newtogame, but I just don't see it..........they'll cook the books against us..........