Replies to post #27651 on United Western Bancorp Inc (fka UWBKQ)

[renoldman]

Newt, what do you think of the fact that there was never a case between the FDIC and JPM in regards to the UWBK MBS?

I mean in the settlement, the UWBK MBS were essentially shoehorned in.

There was never any individual legal action in regards to them.

As I have mentioned before, the MBS that the FDIC/FCNAC took have lost an additional $100 Million since UWBK had them. The FDIC itself has lost $80 Million as they provided a back stop of the loses.

If anything, they will want to be made whole there first.

[LGL8054]

DO YOU BELIEVE

"that BS, and the rest of our legal beagles didn't know about the litigation between the FDIC and JPM and company. If they weren't privy to that information then they all should be fired."

*That the company has been offered a replacement bank by the FDIC as well as $$,

*that uwbk didn't want to take over a FDIC asset at a discount,

*that uwbk has rolled over and said we don't want to take advantage of the Millions in NOL Carry

*or that the TEAM of ATTORNEYS did not inform management how sloppy they are and they have a fiduciary responsibility to UWBK shareholders and the company?

NO I CANT BELIEVE!