.....2 DISCUSSION POINTS TODAY.........re: sonterra which needs to close for us to get monies.............
....1. the FDIC's "philosophy" on playing hardball is altruistic (= honorable).....the FDIC wants the LIBOR perps, whichever, to pay big money in damages for all of the fringe, little people who got harmed, by the OUTRAGEOUS FRAUDULENT CRIMINAL BEHAVIOR.............okay.....game on....???......
.....2. the remaining PERP, on record, is UBS.......which has paid out billions, or 1.8B...??..to date......or however much.......and might have pre-settled on sonterra but the FDIC wants the legal decisions to be made on the cross appeals, regardless of the money settlement (which the FDIC does, it did it with us on the bobbie richards ITR)......
the FDIC is formidable.....but has an outside counsel and is using its own internal WEAK, imo, legal team as well...........UBS is huge, loaded with cash and really, in the end COULD CRUSH THE FDIC......(neal is on retainer, we heard).......sonterra will settle and maybe has...............but we might as well run with this game and we could get lucky............SERGIO will write a check, soon, imo................WE FILL IN THE DOLLAR AMOUNT..............one-five....billies........15........aimho......
AI
