Mr Cooper Group Inc fka COOP

[dannoninvest]

If Wamu wins the lawsuits in court, there is no way that any class of stock can be cancelled/not paid value before time of seizure or more. Jpm and FDIC will pay everything. Lawyers, infringements, f/c, fines galore, janitors, electricity, water.. You name it. If the bonds are new to the system, they might not get paid. But did you guys ever think that Wamu bonds are trading high because that will be the new company after the lawsuit is settled and all stocks associated with the seizure are paid? Correct me if I am wrong on this issue.