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Beverly recorded a second-quarter charge of $6.3 million to cover the settlement and legal costs.
The automaker will take a one-time $1.1 billion charge to its earnings cover the settlement costs.
"There's no question in my mind that there's more than enough to cover the settlement," he said.
Deutsche Bank does not plan a capital increase to cover the settlement, a person close to the bank said.
Bank of America will use its litigation reserves and litigation expenses to cover the settlement, saying that it and other legal expenses cost it $1.6 billion.
Xerox plans to take an after-tax charge of $491 million in the first quarter of 2008 to cover the settlement and set aside reserves for other pending securities-related cases.
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He said that Cardinal Law had already begun a special effort to raise money to cover the settlements, receiving $2.5 million in pledges so far, separate from the capital campaign.
University officials emphasized that the settlement money did not come from tuition, taxpayers or donations, but from various liability insurance policies, which the university believes will cover the settlements and defense of claims brought against Penn State and its officers, employees and trustees.
The development corporation's and Van Valkenburgh's insurance companies covered the settlement, the city Law Department said.
It has several epochs covered the settlements with heaps of sand.
Its P/E of 19, not counting the charge to cover the Zyprexa settlement, is in line with peers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com