JPMorgan Chase, the big bank most embroiled in the Enron fiasco, agreed to pay $2.2 billion in a settlement with Enron shareholders, taking the settlement sum agreed to by Citigroup earlier this week and adding 10%.
Even the seemingly large settlement sum of $20 billion that has been floated would be a small price for banks to pay if the quid pro quo is to sweep potentially widespread abuses under the rug.
Only $10 million of the settlement sum came from MicroStrategy insiders coughing up some of their shareholdings with $55 million from the auditors.
Citing reports that the final efforts toward a settlement failed over a sum of about 50 million euros, or $60.3 million, the paper suggested in an editorial that this fact "merits raising the question about the solvency" of Mr. Pinault.
Because even a settlement would cost a significant sum to negotiate and then pay out, Mr Carolla opted to go full monty and oppose the suit entirely, while enlisting the aid of other podcasters.
Judge Kaplan selected Boies, Schiller & Flexner on the basis of a settlement estimate of $405 million, a sum that lawyers following the case believed was $200 million higher than that of any other firm.
"It would be easy for him to ask Fred's bankers, 'How's that loan going?' " What seems hard to understand is where the Mets' owners will get the money to keep up with their debt payments, finance their losses and pay the Madoff trustee a substantial sum through a settlement or a jury verdict.
The governor and the state attorney also clashed over the distribution of $613m from a settlement by JPMorgan Chase.These sums add up.
Just before jurors began deliberations, he got a settlement offer of $750,000, a huge sum in North Carolina in 1984, and one his client was initially eager to accept.
