Replies to post #176 on First Citizens Bancshares (FCNCA)

[fredscott36]

...spot on, Mr. LGL................our legal peeps also point out conflicts between the SEC pooling requirements within the BK CT........AND........the IRS 382 rules on the NOL...........within a BK.................................

...WE - WE are confident the VENABLE LLP freaks and the FDIC beagles will solve any legal challenge on getting this deal done......................these animals will figure out how to draft up the documents - - probably already have...........

...cash and/or frankie federal preferred stock is piled in corner number 8..........FACT.........just not sure how much......

...done deal, imo.......................the devil is in the details and so are our settlement proceeds...........aging nicely, btw.....

...credit to Mr. LGL for staying with the NOL..........makes our money back.....................very cool...............