Mr Cooper Group Inc (COOP)

[Royal Dude]

Simply put T I believe that they are bound not to violate the law of "5th Constitutional taking" and agreed to at least the settlement made in the Texas case with the Sussman Group. NDA have been inforced.

It will be consumated this weekend with the assimulation of First Republic and the Banks(11) should come up with more money unless the Government and the Banks split the difference. The Debt is luming !!!!!!!!!!!!!!!!!!!!!!


First Republic Bank FRC announced receiving uninsured deposits aggregating $30 billion on Mar 16, 2023, from 11 banks of the country — Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank.

Specifically, Bank of America, Citigroup, JPM and Wells Fargo are each making a $5-billion uninsured deposit into First Republic. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, whereas BNY-Mellon, PNC Bank, State Street, Truist and U.S. Bank are making an uninsured deposit of $1 billion each.

This support from America’s largest banks indicates confidence in FRC and will help ensure the company has enough liquidity to meet customers' withdrawals, thereby avoiding tipping off a broader banking crisis.


https://finance.yahoo.com/.../first-republic-frc-gets-30b...