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Re: BBANBOB post# 710898

Thursday, 06/15/2023 1:52:21 PM

Thursday, June 15, 2023 1:52:21 PM

Post# of 727960
If JPMC owns WMIH/COOP then JMPC buying, trading, shorting WMIH shares would be fraught with inside trading risks and equitable dissallowances.

The court has been down that road before with the SNH, and look where that got them....They lost to equity holders due to their greed. No way does the court or any insider take that risk again in this case. Being barred from buying any WMIH shares (if that happened) would be to prevent the temptation to trade on nonpublic material information under seal, regarding who 'actually' owns who. as in JPMC could 'actually' own WMIH/COOP.

JPMC and the FDIC have gone a long way to disguise this 15+ year transaction. No way would they risk an inside trading slap down.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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