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irishintelligence

08/29/11 9:58 AM

#1496 RE: drrugby #1495

"Largent LLC is the group that won the UWBK banking assets bid and stands to loose all those assets given to it by the OTS and FDIC-R."


This statement is not true.
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levitateme

08/29/11 10:03 AM

#1497 RE: drrugby #1495

thanks doc!
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irishintelligence

08/29/11 10:55 AM

#1499 RE: drrugby #1495

Again, this post is completely false.

United Western Bank had agreed to buy securities clearing firm Legent Clearing in June of 2010.

That sale was cancelled when United Western Bank was shut down by the FDIC/OTS.

Legent is working with FDIC/OTS to make sure that details from the cancelled sale are not disclosed during the UWBK/FDIC/OTS discovery process. Obviously they do not want their confidential information released to the public. This is a fair request.

That is all. This extension is not, in any way, related the FDIC/OTS giving back assets to UWBK. This is nothing more than preparation for discovery, a discovery that can be cancelled at anytime by the judge if she finds that the FDIC/OTS was within their right to shut down UWBK.
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Mesa8888

08/29/11 3:01 PM

#1502 RE: drrugby #1495

DrR, I do smell institutions & Mutual funds that getting more interesting "accumulated" UWBK common shares now !!!

We would watch huge volume ,pps up and down & up ....coming very soon !!!

This is the real "Good News" !!!

Mesa8888
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drrugby

08/31/11 12:09 AM

#1520 RE: drrugby #1495

PACER NEWS: CONSENT MOTION FOR AN ENLARGEMENT OF TIMEDefendants Office of the Comptroller of the Currency and Acting Comptroller John G. Walsh (collectively “OCC”), with consent of Plaintiff United Western Bank, through undersigned counsel hereby move for an enlargement of time for the parties to submit:
1) the certification by Defendants regarding the completeness of the administrative record; and

2) the Plaintiff’s proposed interrogatories and requests for production of documents, as directed by the Court’s electronic order of August 11, 2011, from a present due date of August 31, 2011 to a new due date of September 6, 2011.

The enlargement of time is necessary because, previously unknown to undersigned counsel, Acting Comptroller Walsh has been out of the country since August 9, 2011, before the Court’s order was entered, and is not due back in Washington, D.C. until September 1, 2011.

Therefore he is not available to personally execute the certification in the time frame directed by the Court. Upon learning of the Acting Comptroller’s unavailability, counsel promptly conferred with his colleagues Mr. Buffone and Ms. Prieto, representing Plaintiff, and they have consented to the relief sought.

A proposed order is submitted along with this motion.

GO UWBK..

DrR..