Mr Cooper Group Inc (COOP)

[ron_66271]

“Willful Misconduct” is an Admission of Guilt.

Why demand a release of “Willful Misconduct” if you don’t need it?

“Willful Misconduct” Release is an agreement that the released party will pay a premium above stated value in exchange for the release.

Please remember that WMI sued JPM/FDIC with a RICO charge!
Yes they settled so a Judge wasn’t required to rule on the change.
Yes just the RICO allegation going full public would have destroyed JPM.

The Dual Track;
JPM lost, is required to pay full book value for WMB plus a premium for “Willful Misconduct” for the release.

The delay is; JPM just needs to know how much to write the check for.
Hence; FDIC litigation regarding LIBOR.
WMI/WMB, Lehman’s, and F&F.


Ron