Thursday, February 25, 2010 2:06:37 PM
Obtaining Non-consensual third party releases, meaning removing the chance to be sued by beneficiaries of the coming settlements, they are steering clear of the witness stand, jury trial and triple damages in the lime light which WILL OCCUR, if they don't settle up, i.e. JPM and the FDIC, with WMI.
Now, how much do you want to bet that JPM and the FDIC don't want to go to trial? I'm betting a great deal on that, BUT, even if they do appear to be heading for trial, and the settlement doesn't come through for some reason during the 18 month period ending late March, I know my money will still be growing!
eom
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