......both uwbi and WaMu could and probably should have been WIPED OUT......................and we don't know the end game for either.........
......I'm playing my uwbi CARD.......................beyond the payout at hand, which should be.............well, adequate......................
......but, assuming we get frankie's fecal matter...............there is tremendous upside with FCNCA........................100% gonna sell the whole bank - - FDIC will almost certainly mandate this - - though they would prefer a U.S. bank buyer, imo..................frankie can't manage a $100-billion, complicated, multi-faceted BANKING ORG........................the BOD members are powder-puffs............................
...................timing on buying FCNCA is perfect.....imo.........$1,200 per is conservative....................12 PE on old numbers.........
........................how sweet is that whiskey gonna taste, LAR LAR...............????????........................blow rails, notwithstanding..........................