InvestorsHub Logo
icon url

OGraham

12/22/11 6:29 AM

#2581 RE: wxyzcpl2011 #2579

"WE" will get zero, if "WE" means UWBK shareholders. The Bancorp was not a party to any claims against Bank of America over BofA's securities. The subsidiary Bank had those securities. Those all went to First Citizens and the FDIC when United Western Bank was closed in January.

Sorry, do not be deceived into thinking shareholders get anything. In fact, this stock is going to zero, sooner or later. No bank has ever prevailed in a lawsuit to remove a receiver. None.