Mr Cooper Group Inc (COOP): 400B is way more than JPM‘s entire commo...

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Re: Boris the Spider post# 726913

Sunday, 04/28/2024 7:20:27 AM

Sunday, April 28, 2024 7:20:27 AM

400B is way more than JPM‘s entire common shareholder equity of 258B - so what you‘re saying is that JPM would get wiped out as a bank after paying such a penalty.

https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/1st-quarter/6678012b-9242-492b-acd0-1473eabade3c.pdf

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