Replies to post #23653 on United Western Bancorp Inc (fka UWBKQ)

[hestheman]

I agree with you. Normally, when the FDIC seizes a bank...the FDIC, as well as the larger bank that purchases/ receives the seized banks assets owe no obligation to the seized banks shareholders whatsoever. In this particular case, I am looking for a profit on perhaps a few different scenarios. Did BS have a smoking gun? Was proper protocol followed when the FDIC seized the bank? If the case was appealed, could BS prove any insider trading/shorting? Did anything whatsoever involved in the seizure have any illegal activity behind it? Remember, BS's specialty is negotiating settlements with FDIC...it says so on their website. BUT WAIT....I thought the government NEVER settles! So...I am thinking BS's specialty is also making it look as if there was no settlement on the surface. If there is no smoking gun....perhaps this attorney TM spoke to gave a hint when she stated that the claimants in the chapter 11 case would not necessarily be claimants in the chapter 7. Perhaps in the chapter 7, the claimants actually listed will also agree to less of a recovery.....promoting a "fair and equitable bankruptcy". And...what about those tax refunds and other possible recoverables? Most likely, this would give equity shareholders much more $$$ than where this is trading now. I bet Guy didn't sell his million plus shares...AIMHO