The bank was seized without cause. The jack-boots who confiscated the bank did not expect to get sued.
Was there a kick-back in the form of a job to the one person who ordered the ILLEGAL SEIZURE?..........it appears this was the case....
There were at least two large short positions taken in the UWBKQ common stock immediately prior to the ILLEGAL SEIZURE. Was this an inside job that the one person who ordered the ILLEGAL SEIZURE was ensuring a large financial gain for someone the one person knew?.......we'll find out......There could have been a conspiracy to ILLEGALLY SEIZE the bank created by the former Acting Director of the OTS, Venable LP (awaiting your suit, btw), FCNCA and possibly others.
There was no compelling reason to SEIZE the bank other than insiders' personal agendas.
And the FDIC keeps detailed records on all banks, bank exams, c & d's, ILLEGAL SEIZURES and internal communications. As the supervisory regulator, what did the FDIC report internally about United Western Bank prior to the ILLEGAL SEIZURE?
The bank was adequately capitalized and pure capital levels are the only criteria that can be used, by statute to seize a bank. Bogus gobble-dee-gook about deposit dates and depositor withdrawals mean nothing. The bank could have bought deposits from a number of sources including the FHBB, which even Amy acknowledged.
We are appealing Amy's movement.
And the OCC/FDIC will ultimately settle the case. Absolutely no doubt. None.
AI
