Chairman Martin J. Gruenberg RESIGNED YESTERDAY from the FDIC....!!!!!!......marty made the original "deal" with guy to drop the bank's suit and in return marty would "allow" frankie to buy the uwbi holdco nols and guaranteed ultimate recoveries from the receiver (he noted the JPM $80mm, from the MBS scandal, on day 1 and said there would be much more, but only that it would take some time.....????)..................
so, we ARE/WERE marty's baby.......watch how fast UWB/uwbi closes......probably today...
not a good read on the final payout dollars, but whatever.......just close it out, ASAP, marty........
can't promise more than the 3-6-9 MAGIC....................but we'll take it...............aimho.............no comment on marty until the dollars hit our accounts.........