Replies to post #39591 on United Western Bancorp Inc (fka UWBKQ)

[Docsavag]

Bban,

Spot on, it all hinges around the govt's favorite bank...you know, the one that had to be propped up by the theft of other institutions. It's likely been supported by a few other "gifts" we're not involved with, but look at Lehmans, for instance. JPM was trustee, held back $8+B which the court has allowed to date, and the CTs, which are not in BK, haven't been paid yet. All said, I believe your assumption is correct, and part of the reasoning is to get the pig fattened back up before you pull the bucket away.