Mr Cooper Group Inc (COOP)

[Boris the Spider]

Hypothetical Q&A with Dimon at trial:

Hedge funds attorney: So, Mr. Dimon, when you found that extra $30B from the WAMU holdings that was unanticipated, didn't you think that should be a special consideration and as such, returned to the escrow shareholders of WAMU who lost everything in the fiasco?

Dimon: No. That was "found money". I jumped up and down like a kid when we uncovered that money. The WAMU shareholders had no claim to it. Screw them! Too bad about them! I bought a couple mansions for my children in the Caymans. My children needed new offices down there. The WAMU shareholders can go pound sand.