InvestorsHub Logo
Followers 40
Posts 13215
Boards Moderated 1
Alias Born 03/07/2012

Re: None

Wednesday, 11/01/2023 8:22:48 AM

Wednesday, November 01, 2023 8:22:48 AM

Post# of 59652
ONLY REAL TANGIBLE NEWS WILL BE MONEY IN OUR BROKERAGE ACCOUNTS...........dunno when nor how much......

we may get some clues to the ENGAME = LIBOR/sterling and UBS settling.......that's it........the money, IF ANY will long be in our accounts before the FDIC formally announces the termination of the UWB Receiver........or the BK FINAL ORDER is requested and signed by judge tommy mac..................

.............how much.......per.........????.............no clue..............speculation is about $5 per on the holdco residuals, and about the same, per on the receiver's recoveries, net to us.......................ten spot, per.........LTCG.........unless the FDIC tags the combined payout as "liquidation and/or litigation" proceeds or even something funky like "remuneration total distributions".........which the FDIC has done and becomes NOT SUBJECT TO CAPITAL GAINS TAX TREATMENT......doubtful, but possible..................

......rock 'n' roll..........moon 'em, larry...........bare, and shake it...........aimho................









Join the InvestorsHub Community

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.