Replies to post #59522 on United Western Bancorp Inc (fka UWBKQ)

[fredscott36]

.....AGREED, mr. savage, but I can't figure out the FDIC's scheme on Sonterra/LIBOR.................?????.........super flimsy weak case, imo...........a stretch...........

.....but, as the Deutsche Bank settlement agreement narrative points out...........this loophole case is the only one the FDIC can take to UBS, directly, for punitive damages on all of LIBOR.............the FDIC fought for 2 years and won the venue shopping challenge.........and made a big public splash with the Hague letter approval.............TROJAN HORSE.......????..........maybe, but the FDIC does not do fake muscle-ups in order to settle..............

.......the judge asked appellant's counsel 3 times for any reference or estimate of damages, for the F/X trades, and the attorney danced, nervously around that line of questioning...........????......in the special hearing 4/30/24.......with decisions pending????.....

....rinky-dink legal shenanigans, mr. savage............but great entertainment...................it's UWBI and guaranteed to be strange and never to end....

....BUT..........CLICK............CLICK.............and $10-millies fills my speedo.................aimho......