Mr Cooper Group Inc (COOP)

[boarddork]

First paragraph, the only thing the Department of Justice and JPM agree to, is that JPM only became successor in interest to is "Bears, Stearns & Co., Inc.".........and we know because JPM famously paid real money for them.


And as we discussed, line 13. page 6, the Settlement and Release Agreement goes out of its way to state JPM DID NOT become successor in interest to Washington Mutual Bank, WAAC, LongBeach, etc.

It's not partial, it's crystal clear !!


https://www.fdic.gov/about/freedom/plsa/rmbs_jpmorgan_et_al.pdf