I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.
I think the investment community, consumers, the investment houses themselves are anxious to get resolution here, ... So the faster we can fill that void and get closure on this, the better.
The only delay, ... is that when you are dealing with 50 states, 12 investment banks, a significant number of regulatory entities, simply getting sign-offs, drafting agreements on stray words takes a bit of time.
The word 'fraud' will be in some of the documents that are the settlement documents, ... I believe very deeply that at its root what was going on with the analysts and the investment bankers was probably the largest fraud ever committed upon the investing public.