Mr Cooper Group Inc (COOP)

[ron_66271]

41.6 is JPM Admission of Guilt.

That is why JPM needed the release.

Did you read 1997 like I did? The Discovery document proved JPM was guilty of Civil RICO. That is why JPM needed a “Willful Misconduct” release.

JPM agreed to settle on the same day that the Discovery document was filed, December 14, 2009.
Civil RICO can be settled monitory by paying a multiple of the valuation.

2X works. That is why people are discussing the $600B number.

JPM was not going to litigate the RICO allegation. Just the allegation would wipeout the company. All settled nice and quiet.


Ron