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PutYourWatchOn

09/28/09 3:40 PM

#103901 RE: Chiron #103887

IMO with the recent progress in the case we may be looking at 2 months. Why? I would not doubt it if WMI agrees to postponement of the turnover if and when they are awarded it as JPM doesn't want to part with the cash. If so this would definitely signal settlement talks. The 4B would be wrapped up in the whole deal and topped with at huge bow. Throw in some unexpected JPMC delay tactics and I think in 2 months we see a settlement. This of course does not address the FDIC suits which I think will be much more rewarding. JPMC wants to distance themselves as far away as possible from them now as they know that they have no reasonable argument or defense in their arsenal.
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JV44

09/28/09 3:59 PM

#103909 RE: Chiron #103887

At the latest....some time in 2010...when trial and discovery starts to disclose bad stuff about JPM....
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Reptile

09/28/09 4:07 PM

#103913 RE: Chiron #103887

The morning after I sell...lol