Josh, I hope your characterization does not prove to be correct. With all the underhanded machinations of the banking world it easily could. The only thing that would lead me to think these lawsuits might just amount to something is that some powerful people were badly burned by the Big Banks’ MBS and they might push back a little harder than most of us could.

JJ, I think Buddy knows a lot about BCCI, me not so much. All I know is what I have read recently. If the latest revelations are to be believed, BCCI’s tentacles were never cut off when they should have and they have managed now to implant themselves in a lot of powerful places.