Mr Cooper Group Inc fka COOP

[Desperado90]

Because fidelity is trying to get some dividends. We haven't paid any in 5 quarters.

Now for TPG revenge is best way for Bonderman to reclaim his prestige.

10% of JPM is 393M shares.

Therefore, If he buys some JPM and we get the expected the expected stock swap of 4:1

TPG = 230M shares/4 = 57M shares of JPM.

The guy might be looking for a way to get on JPM board just to OUST Jaime Dimon for messing with him and his reputation.

I don't know Bonderman personally but for you to be a Lawyer and Billionaire and not be ruthless then he couldn't have made it this far.

How do you think he felt when he went to bed on the 24th a billionaire and woke up a millionaire the next day.

230M @ 8 = $1.840B
230M @ .25 = $57M

Now, the guy is not a fool and I expect that with those shares he should have leveraged with Put options or credit default swaps or he could have shorted shares with his certs to cover later (Thats how to short, have shares to borrow or certs to cover). If he had good analysts the guy should not have lost anything from the seizure and sale. If he played it right he could have actually made money. My feeling is he holds a ton of bonds too.

I'm not worried unless some hanky panky happens before the 22nd.