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Post# of 735891
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JMac9

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JMac9

Re: Proverbs 3/5-6 post# 237577

Saturday, 09/25/2010 10:42:54 AM

Saturday, September 25, 2010 10:42:54 AM

Post# of 735891
It does make sense to settle out of court for at least a few reasons, IMO. One potential hold up has to be who is going to pay for the settlement. I can see JPMC arguing that the FDIC should and vice versa. Additionally, these parties may not percieve the pressure to do anything just yet but to continue the court process as long as possible.

The question in my mind is just how damning will be the report from the examiner. Depending on the content of the report, and its severity, the pressure to settle could go up substantially within the next 3-4 weeks, if not sooner.

AIMO.
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