Mr Cooper Group Inc fka COOP

[Lawrence 147]

First off I do not believe Weil is going to ask for a low book of 26 billion nor do I believe he will ask for a high book of 52 billion dollars. I feel he will appear reasonable and ask for something in the middle like 39 or 40 billion dollars. Then I believe he will ask for triple and possibly just to seem reasonable settle for double or more like 80 billion dollars. Why because he can get triple from a judge with no publicity. He has asked for a jury trial and that means even more of what JPM and the FDIC do not want to come out. Also if it goes to a jury then triple is not the end. Damages are what the jury says they are and are not limited to triple or anything else. Also if it goes to a jury they could go for high book and double the damages or 102 billion dollars and then what? Do you really think JPM or the FDIC are going to chance anything like that. Under our court system we have what is known as jury nullification and that simply means that once the jury decides that is what it is. Yes some very stupid judges sometimes try and undo what a jury has determined as fact and penalties and yes it does take years to settle but the FDIC does not want this lingering in the news for years or even hours.