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Re: ArtieB post# 6362

Tuesday, 05/01/2012 2:55:21 PM

Tuesday, May 01, 2012 2:55:21 PM

Post# of 59908
...Mr. very careful: here's my settlement rationale....

...the OCC and its lawyers know how and why a bank is taken over by the regulators.............so do I............there is a time horizon and certain metrics that are applied to a bank that is deemed to be under-capitalized - - with each and every reporting and exam detail clearly documented.......there are Asset Quality Summaries and other reports - most of which the FDIC uses and the OTS copied and used.....monthly reporting after the C & D letter.....

...the OCC has deep pockets and will fight the legal fight for awhile.......but if and when the OCC believes the court might be on to and understand the ILLEGAL SEIZURE...........the lawyers will continue to throw paper at the court to buy time.......BUT ALSO BEG THE UWBK ATTORNEYS TO TAKE A SETTLEMENT AND END THIS BATTLE - there will be a hold harmless and some other confidential matters and maybe or maybe not a charter, but the OCC cannot afford to defend what the OTS (not the FDIC or OCC) did or did not do.......................the seizure was a very serious police action and to date, the justification has not been adequate.............that's my opinion........I was a shareholder long before the seizure and I am a major shareholder now...................and I will be forever............onward...
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