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vpagano

01/30/13 1:48 AM

#81 RE: Enterprising Investor #80

And the hits keep coming....that liability alone is another:

$8.5 MM / 3.3 MM s/o (not counting those contingent shares for now)

= $2.57 a share

56Chevy

01/30/13 2:28 PM

#83 RE: Enterprising Investor #80

Deferred interest and dividends are being paid off.

A few what if's comes to mind. The UST seems to be in a deal making mode right now.

One example would be a small bank in Seattle that owes $7MM on it's TARP debt from 2009. The UST basically said that if the bank can raise the $7MM from private funds, and replace those TARP funds, that the bank would only have to pay back half what it owed (or $3.5MM). There are other examples that I see cropping up in other situations as well.