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Radian Group Inc. Message Board

  • amat_toast amat_toast Apr 4, 2013 10:20 AM Flag

    RDN cash and potential settlment

    Yahoo shows Radain with $4.9 billion in cash and $800 million in debt, approximately. Is this correct? Can't be, right? If it is, it must reflect the secondary and the cash is held in anticipation of a settlement on a Class Action regarding the 200k Countrywide accounts?

    Can someone explain to me what is going on here? Is a settlement on the horizon? Could it be a catalyst?


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