Court of Appeals for the Fifth Circuit December 7, 1990, No. 90-2492 (Federal Savings & Loan Insurance v. Cribbs)

POLITZ, Circuit Judge:

R. Judd Cribbs appeals an adverse partial summary judgment in favor of Consolidated Federal Bank FSB (CFB), the as-signee of the assets of two banks placed under the receivership of the Federal Savings and Loan Insurance Corporation (FSLIC). Finding no error, we affirm.

Background

In August 1985, Cribbs executed a personal guaranty of a $3.