MC seems to be cleaning house over at the gses' and preparing for major changes.
A "settlement" would require a "meeting of the minds" by at least several people, UST, MC, and David Thompsons clients, Collins, et. al.
A resolution of all the outstanding issues could be a bridge to far to cross and maybe as Navy has maintained all along, only SCOTUS can resolve the issues.
he is just the yest man, keeping his distance, thats how wall street rolls. its exactly how Paulson operated, there is no secrets on how they react its just when and who gets whacked. He gives the nod to MC, it starts the sequence. But i think they are waiting on the Supreme's.
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