InvestorsHub Logo
icon url

fredscott36

03/05/24 10:20 AM

#59107 RE: BBANBOB #59106

don't go out TOO FAR on that limb, bobbie................you'll fall out of the TREE..........hit your head and start making bad decisions???............

my take on this sonterra/LIBOR suit, is..........gonna be awhile..............possibly a year or two and we could get a full trial started.......neither side is going to give in..............gotta be an intermediary (Janet Yellen, or DC EMHOFF) or else an unrelated issue, like UBS trying to buy a big USA bank.......for there to be an end to this STANDOFF........

1. .......FDIC wants the LIBOR perps to PAY DAMAGES FOR ALL OF LIBOR.........

2. .......UBS has stated on numerous occasions that the LIBOR loan index manipulations were incidental miscues.........and that technically, LIBOR/sterling was not directly impacted..........?????.........all of UBS many settlements have firm weasel language that relieves them of "responsibility" and for any "consequences"............

...I VOTE FOR BOTH SIDES TO FIGHT HARD.............TO THE BITTER END...........a Baltimore jury finds for the plaintiff group and awards damages of $15-billion, which UBS can easily afford........................aimho............$75 per, to the UWBI CUSIP POLECASTS..................