Mr Cooper Group Inc (COOP)

[Royal Dude]

"The attempted rescue of one of the country's biggest regional lenders places Dimon at the center of a national banking crisis for the second time in 15 years.

In 2008, he acted twice to help stabilize the financial system when JPMorgan Chase ([JPM](https://finance.yahoo.com/quote/JPM?p=JPM&.tsrc=fin-srch)) purchased New York investment bank Bear Stearns in March of that year, getting a $29 billion backstop from the federal government, and then Seattle’s Washington Mutual in September of 2008. In the case of Washington Mutual, JPMorgan Chase purchased its operations after regulators seized the Seattle thrift. It still is the nation’s largest-ever bank failure.

The two deals turned JPMorgan Chase into the nation’s biggest coast-to-coast bank and provided it with an even more powerful hand on Wall Street. They also saddled it with years of legal and regulatory headaches. Dimon has said if he could do it over again he would not have purchased Bear Stearns for those reasons."
https://news.yahoo.com/inside-the-30-billion-rescue-of-first-republic-bank-003752506.html