"The hedgies are tired of waiting"
How do you know??? Sophisticated investors that they are, I am of the opinion that they made their 'Back room Deals' long time ago and have been paid their Share and all 'our' 'F&Rs' promised have been STOLEN by JPMC...We keep pushing back the Dates but it's better we reconcile to the Facts on the Ground...Always it's some other "Stupid Pretext"...Why should the LIBOR Settlements stop them paying our "F&R" in any way...Yeah, yeah yeah, I get the 'interest rate differential' nonsense BUT If they were really Honest about paying the "F&R" promised to us, they could have always paid the LIBOR recoveries After paying us the "F&R" for all the Assets that Got SOLD/being sold to JPMC in a phased manner...