Mr Cooper Group Inc (COOP): fred, no one at jpm is scared in any way...

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tcr7309

Re: fredmiller1999 post# 428300

Friday, 07/10/2015 9:45:31 AM

Friday, July 10, 2015 9:45:31 AM

fred, no one at jpm is scared in any way shape or form. They do this all the time. They only react to one thing and that is a lawsuit. How hard is it to file a lawsuit claiming jpm was given assets that did not belong to them. JPM does not even have to admit fault all they have to do is say sorry we did not know those were holding company assets and just return them. Of course this would take place after 10 years of legal battles with jpm but you have to start somewhere. Think about if a lawsuit was filed right after the re-org, it would now be at least 3 years of legal posturing and thus that much closer to being over. But no, not a lawsuit against jpm in site. This is why it's game over for escrows.

Can one of the favorite escrow lovers comment on weather they think the rubble assets belong to the holding company or the bank. I would appreciate your opinion. thx

all imo