Unfortunately, a draft settlement recently presented to the nation's biggest banks is unclear on how to achieve that goal.
Serafin has been running the sherpa sessions – two in the past fortnight – and fine-tuning the draft settlement terms.
The draft settlement terms, which will be fought over for the next two weeks, included some reverses for Cameron's campaign while also substantially allaying his concerns.
The issue remains unresolved but Faull's brainwave enabled Donald Tusk, the president of the European council, to finalise his draft settlement terms and was accepted by the Brits.
In a stunning about-turn in September 2014, he in effect tore up the third version of Google's draft settlement and reopened the investigation, maddening the tech firm.
But religion loomed large last Sunday as parishioners weighed a draft settlement put forth by the new archbishop of St . Louis Robert J. Carlson, that would have allowed the congregation to maintain control of the church's property and financial assets.
The attorneys generals, backed up by a host of federal agencies, last week presented the five biggest mortgage servicers with a 27-page draft settlement proposal that could profoundly change how homeowners in default are treated.
Into that mix, The Times's Gretchen Morgenson reported this week that before the release of the draft settlement, the attorneys general did not conduct a full inquiry with subpoenaed documents and sworn depositions.
In August 2011, "General Kopelipa turned up at [Gaydamak's] hotel in Luanda, armed with copies of the draft settlement agreement drawn up by [Leviev's] London lawyers," Gaydamak's written evidence states.
NEW YORK TIMES Investors to Bear Some of Mortgage Settlement Burden | Banks will get credit in the national $25 billion foreclosure settlement for reducing the balances of mortgages they own, but they will also get partial credit in some cases if the cost of such reductions falls on investors, The Wall Street Journal reports, citing draft settlement documents.
