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Re: h_man_investor post# 155

Friday, 09/03/2010 2:29:31 PM

Friday, September 03, 2010 2:29:31 PM

Post# of 359
You say the lawsuit and OTS are not related. Can you please explain the following:

6. A key aspect of the Settlement is that it addresses outstanding OTS concerns and allows for lifting of many of the restrictions under which FSB currently operates. This change will allow FSB to more efficiently conduct its business operations, originate mortgage loans and, subject to certain limitations, issue brokered certificates of deposit to refund maturing deposits. This will allow LBHI to sell FSB as a going concern, which LBHI believes will provide it with the best opportunity to realize the fair value of its equity interest in FSB.

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