United Western Bancorp Inc (fka UWBKQ)

[RJM427]

I understand. I talked with a banker friend of mine over dinner last night about smaller banks being taken over by larger banks. I believe that the FDIC wants these smaller banks to be taken-up by the larger ones as it lessen's the FDIC chances of having to step-in and cover losses when/if the smaller ones fail in future economic down-turns. These are preemptive moves to lighten their future liability. (Although, WAMU was a different story)

I think the only assets we might get are D&O payments (if any) and tax refund/assets. The extent these are paid to creditors in line before equity has yet to be determined.