InvestorsHub Logo
Followers 40
Posts 13380
Boards Moderated 1
Alias Born 03/07/2012

Re: None

Sunday, 04/22/2012 2:43:20 PM

Sunday, April 22, 2012 2:43:20 PM

Post# of 59908
...MY LEGAL ADVISER SAYS: OCC COULD SETTLE HERE...

...We understand that Guy said absolutely "no settlement" but this position only matters if a fair offer is presented...

...the SEIZURE was rushed based upon a confused interpretation of institutional deposits................and deposits, per the motion for summary judgement are not criteria used for the OTS (FDIC) to determine safety and soundness.......................THIS IS A ROCK SOLID LEGAL POSITION..........accelerating the time-frame for the CRP only strengthens the argument that the OTS conspired to seize the bank without cause...all IMO.....

...the OCC and their attorneys are incompetent if they do not at least float an offer to settle, IMO..........I am just a LT shareholder and observer - - so I'll gladly wait for the Judge's decision and 2-years worth of appeals.................this case is so clear it should be settled and the UWBK folks can get back to banking in Denver and Boulder...........................
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.