Mr Cooper Group Inc (COOP)

[philipmax]

Pop, you are right - up to a point. JPM was the point man for the litigation against the FDIC FOR THE BENEFIT OF DIME SHAREHOLDERS (now DIMEQ). NEVER, NEVER ,NEVER, were they to get more than 15% of Award. Judge Block didn't have to specify this time because there was never a dispute about who is the ULTIMATE BENEFICIARIES - The DIMEQ.

The basic understanding for the LITIGATION was, that it needed a shepherd to guide it through the maze of Courts. Dime was first, than WAMU and now JPM. Neither DIME nor WAMU demanded that they be the sole recipients. They specifically stipulated a 15% fee for the service. End of debate.

Jones Day were the Attorneys right from the start to the end. Perhaps they should be speaking up for the beneficiaries.