......actually I'm both FASCISNATED and FLABBERGASTED.........with sonterra.........that the UWBI sewer rats are in the middle and could cash in...ON THE BIGGEST OF ALL LIBOR SUITS...........and $9-BILLIOM has already been paid out...........WTF...........???........
.....the FDIC is full bore into trying the end-game on sonterra/LIBOR.....they venue-shopped for 2 years and fought a group of big-money law firms and never waivered.............even on the basic sonterra suit................16 defendant banks.........15 were released, which is our appeal in the cross appeals................
........can a trader on a security, that is interest-rate sensitive but not contractually-tied to a LIBOR-indexed-interest-rate.............SUE, under an ANTRITRUST claim.............for, call 'em calculated damages, at this point..............????................one issue in our fund, traded 2 F/X futures contracts, and lost $38,000, during the LIBOR-fixing window, 2005-2010................there were side issues, all resolved..............THIS IS OUR SUIT..............appealed...................
......and really, the orals were 4/30/24, so the time has not been that long..........but DECISIONS are due, or over-due, imo, because the case is simple.......
........to me, the law is, we can present the case to a jury, in Baltimore and move for punitive damages, for all of LIBOR........the law provides for that......UBS is NOT GOING TO GET OUT OF THIS MESS.....................imo...............might take 3 years, but we ain't backing down..................tingle, tootle, aimho...and FU.....
AI
