Replies to post #123 on Anchor BanCorp Wisconsin Inc.(fka ABCWQ)

[oggsdad]

I read that after the feds would not extend the maturity date again, even with the ok by their creditors, they would not seek to enforce the terms. Why such friendly treatment by creditors? The biggest named creditor I saw referenced was US Bank. I thought perhaps they were friendly because they were looking at acquiring Anchor.

[oggsdad]

Furthermore, one analyst speculated in the article that it seemed as if the feds wanted to force ABCW into the arms of a bigger bank. I thought that made sense. Why would they extend the credit 6 times in a row then suddenly not renew? ABCW seemed genuinely surprised it was not extended. Is there something in the works between the gov wanting ABCW out of their hair, US Bank looking to get assests on the cheap, and ABCW now off the cliff, kicking their legs like Wile E. Coyote, just waiting to fall?