....BARCLAYS BANK was the main crooked bank on LIBOR, but admitted guilt and agreed to cooperate with USA and UK 'authorities'..........paid $450mm and the CEO was forced to quit.............Barclays fingered a UBS trader, named Tom Hayes, (mild Aspbergers???) who was tried and convicted and served 11 years in the slammer......he may get pardoned as his request is currently being reviewed.................
....UBS, has settled its way out of nearly all LIBOR suits and paid hundreds of millions, although it has claimed it has paid out over a billie.........???........
....for some reason, the FDIC had gotten involved with this small, rogue Sonterra fund case, and gone rabid after the LIBOR perps.................and continues to aggressively push the case..........the UWB Receiver just got caught up in the Sonterra v. Barclays mess, on a fluke..........Guy's senior homies had bought a piece of the Sonterra Fund, probably brokered, but in the end United Western Bank had a small piece of the fund............????.........total random fluke, imo..........
....and it appears, the UWB Receiver is one of 5 'members' of the plaintiff entity, which means any payouts or distributions will be shared equally.....WTF....???....
....too complicated for me...........I'm a farmer from Mora, Missouri and not the brightest bulb on the light strand...............but, a fight has ensued between the FDIC and UBS..........and it's quite nasty..................the FDIC wants UBS to pay damages for all of LIBOR, given that mainly little people, like underprivileged schoolchildren were blatantly ripped off..........UBS has paid the Baltimore city or county or whatever it is.............FDIC says F/U, UBS..............????..........
.............I'm sitting back and watching the animals fight it out..........no hurries and no worries..............wake me from my nap if we get money clicked into out brokerage accounts...................and early cocktails today................groundhog day...................aimho............$75 per...................WTF.......$75.......
AI
