United Western Bancorp Inc (fka UWBKQ)

[Newtogame]

He knew he had missed the boat badly with continual low ball estimates ($0.00 to 4.50) on our eventual payout. So to cushion the public fallout on the board, he emailed his "new estimate" off-board (that dovetails with our current understanding of extreme dollars due shareholders), so as to limit the IHUB criticism from his chief critic.

The problem is, he has to concoct an extremely preposterous scenario, involving his personal input
into a form of recovery compensation -from the pockets of FCNCA/CIT (ridiculous), $580mm annuity (more than ridiculous), and $40mm cash payout (believable if to the corporate coffers to refloat UWBKQ).

Beyond the absurdity of this whole scheme, simply knowing that IF, IF xxxx xxxxx was being truthful,
as a professed arbitrator/principal in the thick of negotiations, he would be bound to absolute secrecy for any contribution to this confidential arrangement. There would be no email to you or anyone regarding particulars.

We have 100% confidence that our situation has been discreetly handled, as evidenced in the latter filings of UWBKQ BK7 docs.

EXAMPLE: Not once, throughout the early years in this BK, did we ever read of FDIC payments to the DEBTOR (!?) from Receivership waterfall.

This is, by FDIC policy, impossible to exist (short of overarching settlement), because it procedurally violates the rules governing federal takeover of UWB. Normally, depositors/creditors are fully paid before the bank holding company sees dollar ONE.