United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

Dude: the logistics on the closing down of this nightmare are..............SUPER SIMPLE..............the FDIC completes a form that is sent to the FEDERAL REGISTER...........names the bank RECEIVERS cited for TERMINATION...........takes 3 minutes.................there is an internal treasury/accounting dept. at the FDIC which is given an order to close the books on a RECEIVER and then go through a easy checklist............."final remittances" and the category...........CLICK CLICK................there is a priority order for dividend payout.....................(the whole thing is a scripted joke - - the FDIC knows the cash balance in the UWB Receiver's account and knows that only the UWBI freaks are getting the entire balance)......................

The paying agent/trustee knows that the FDIC transfer triggers the holdco balance payout.............simultaneous, imo............THE END............

a few mouse clicks and the nightmare ENDS......................

today, would be nice..........the FDIC might not even wait for the sonterra decisions.......obvious what happened there........CLICK CLICK.........aimho......