Today was supposed to be when the judge resumed the AIG/BAC trial. Hopefully she will make a decision soon so BAC can have this behind it and the stock can start its upward march.
9/23/13 is when hearing starts
Do you have a link? And that would be re-start, unless you are talking about something different than the rest of us. A link would help clear it up. Thanks.
Does the $8.5 billion settlement accrue interest? The objectors seem like they are delaying the settlement, but if the settlement doesn't accrue interest the delays might benefit BAC as well.
I'm not aware of any provisions for such a thing. Besides, the settlement isn't final until the judge approves, so there's no clock ticking on anything.
I'd still like to know where people came up with this date for the settlement hearing to resume. I still can't find anything in the news where today's date is mentioned.
I thought it was already over and researched it last week and the article stated the trial was about to start again on Sept 9th (the article was a few days old).
This Judge better not be one of those CRAZY LIBS! It seems like 99% of judges are one.