Mr Cooper Group Inc fka COOP

[WaS]

Have you any idea how many lawsuits JPM is dealing with right now? They either know the law and don't care about it or don't even care to know it at all because the penalties are always manageable.

In this case the FDIC is on the hook for a lot of the pain, so I tend to believe they know they law... and they know how to manipulate it to their will to get what they want and make the pain manageable.

The longer they can drag this out, the more manageable it is. They'll be repaying us with our own money and own the banks and assets forever.

Without a criminal investigation (which I don't believe will ever under any circumstance occur) JPM had nothing to lose.