United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

...D&O suit baffles us..............................................

...it appears as if only the Directors were bonded and the employees may not have their legal fees covered - - and were definitely not bonded.........................and the FDIC wants a jury trial..........................the loans in question were not considered HIGH RISK and all approval procedures and policy-driven underwriting steps were in place.......................

...and the D&O suit might PROVE that there definitely is no stipulation agreement - - doggone it - - oh well............the suit could be an insurance grab and might be agreed-to within the STIPULATION AGREEMENT..........................

...would the FDIC risk a jury trial on a pile of cotton balls and nothing to gain financially........other than the Director surety bonding insurance......??????...........then just sue those who have insurance...........???????............hello.....??????.....and one of the low-life defendant's attorneys can OPEN UP THE ENTIRE SEIZURE AND THE FIVE SMOKING GUNS......et-----MotherF/ing-------cetera...............how cool is that..........??????.......

...bottom line: this BAD BOY has a long, long way to go before CLOSURE....................BK or other..................aimho..............