The newspapers are reporting that the U.S. and UBS have reached some agreement. The Wall Street Journal's article is here. The announcement was made in a teleconference in the pending John Doe summons case.
I don't plan to piecemeal my discussion of the settlement as rumors, good and bad, float around the internet and other places. When something reasonably concrete comes out, I may provide whatever comments I think my readers would be interested in having.
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