Yes, I agree, however, this time we are tooooo close to a settlement to take a risk of being out of the market.
HF have a lot more to lose (in terms of reputation, run-off of their clients, investigations by SEC/DOJ, etc, third party lawsuits, etc. etc. etc.) going the litigation route. and they know it. They would effective file their own BK of their own firms.
I am sure every one knows, once they sell, that is when the settlement comes out.
All speculation of course.
Good night all.
imo