United Western Bancorp Inc (fka UWBKQ)

[irishintelligence]

Again, this post is completely false.

United Western Bank had agreed to buy securities clearing firm Legent Clearing in June of 2010.

That sale was cancelled when United Western Bank was shut down by the FDIC/OTS.

Legent is working with FDIC/OTS to make sure that details from the cancelled sale are not disclosed during the UWBK/FDIC/OTS discovery process. Obviously they do not want their confidential information released to the public. This is a fair request.

That is all. This extension is not, in any way, related the FDIC/OTS giving back assets to UWBK. This is nothing more than preparation for discovery, a discovery that can be cancelled at anytime by the judge if she finds that the FDIC/OTS was within their right to shut down UWBK.