Mr Cooper Group Inc (COOP)

[ron_66271]

“Willful Misconduct” is the Polite Legal Term for Civil RICO.

The Equity classes released JPM for “Willful Misconduct” as stated in the 41.6 release form associated with the W-9 and signature.

Yes JPM settled the RICO charge with the terms in the GSA in BK Court based on the ruling in the DC District Court.

The ‘in my opinion’ from the documents is that the parties agreed to not publicize the RICO charge, and JPM would pay book value plus a multiple for WMB and it’s assets. The FDIC is establishing book value.

The public RICO charge for JPM would have been devastating for JPM.

$307 Billion, me? I’m just stating that WMI sued the FDIC for. Not my numbers.

Current number is ~$299 Billion according to the FDIC.



Ron