United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

....subbie: my understanding is uwbi cusip holders are getting most or all or some portion of the United Western Bank Receiver's recoveries (which started with the JPM $80mm, right out of the box)............................we were told there was about $182mm in recoveries, to date, before the LIBOR/sterling claim, which is the last, we hear.....................

...point is, any money cusips get from the FDIC doesn't come from the insurance fund (which is also why the recoveries/clawbacks are not recorded on the DRIP reports..............

...........and, any money to cusip holders, is in addition to the money FCNCA paid for the holdco..................which is all public and tracked.............$132.8mm, was the reported residual balance, before interest accruing....

....wethinks we are in good shape, subbie dub dub...........(oh and subbie, you and the DOC would make a cute couple)............AIMHO...................