Mr Cooper Group Inc (COOP)

[Boris the Spider]

I agree with the smart board.
JPM will use the smokescreen of the Libor settlement to pay off the assets, at the same time. That way it will look like they are just complying with the Libor settlement while killing two birds with one stone. The Libor settlement will happen at any time now, but likely within the next 4 months, depending on whether it goes to court in the UK.....so what will the WAMU estate get from Libor? 10B - 100B? The BP estimates are at the high end of the range. Mine are at the low end due to the corruption and world situation.