...the charter is the biggest issue because it represents the shareholders getting the bank returned - - which is really what we request in the suit................there are capital creation matters but the charter and capital do not cost the gov't anything and I recall the FDIC is the source of the charter/capital structure............the BK POR's silence on the charter is noteworthy unless this was done strategically for some legal reason..........clearly we are navigating between the litigation and the BK resolutions (and any criminal charges - I know, Larry, there aren't any yet).................
...and, if the BK POR and Liquidation Trust are approved and the $200MM settlement is a FACT.......................the shareholders will see an increase in the s/p.........the $82+MM in addition to the future value calculation of the charter - which should be somewhere between $25MM and $50MM.......there might be a recast of the stock....................bottom line = at least $3 and possibly more...............immediately...........no prob with the capital....
...re: the 11-20-12 transcript.........we had trouble getting those.......even requesting them..................we were told this happens when they are sealed, restricted or partially restricted.........although it might be nothing but it only takes a few minutes to transfer those files............I don't want to start a rumor but clearly there are discussions we have not seen yet.....................just mho......
...please do your dd...............we're in a very volatile zone, trading wise..............5-million shares will move the needle, imho................................
AI
