United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

.......take from public disclosure statement included in FCNCA's 10-K re: merger of FCNCA and CIT GROUP......deal killers include

(6) the failure to obtain required governmental approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction)

......gotta HOPE HOLDING somebody at venable LLP is working those grunts who chortle to GROONIE.....................

.....we sense a problem.....................FDIC doesn't directly audit and review any of CIT's commercial loan porfolio............BUT THE FDIC DOES ANALYZE FIRST CITIZENS due diligence...........which, I assume it is doing now............................so, in truth, the FDIC can dig into CIT's dirt............via frankie's little merger grunts......................

...............................CIT merger........?????.....BUST........?????........I would say no way on the surface.............Groonie spoke for over an hour trashing the removal of the Volcker rule for banks......................not related to CIT-type mergers, but same concept.......putting banks AT RISK on other non-banking business operations.............................

...........sorry, frankie..............Groonie is hinting at a turn-down, imo..................keeping the FCB and CIT loan portfolios SEPARATE....................doesn't change any risk factors......makes the risk bigger, imo............and Groonie thinks like me.....a back-door hatchet psychopath with mommie issues.................