Mr Cooper Group Inc (COOP)

[fsshon]

Actually IMO: it tanked because the shareholders of JPM feel they are getting shafted. JPM can pay out 29 Bil in Bonuses to its employees, but can not spare 10% of that for shareholders. That is why it tanked! Jamie has publicly said on Wed, that shareholders do not matter and should lose it all if the management risks the company. Shareholders are like DAMN HE REALLY IS A TYRANT! GOOD-BYE!

They are exiting "stage right" and not coming back. Especially with the well-publicized (internet) WAMU fiasco settlement or judgement that could drain the companies CASH!

IMO: I do not want JPM Stock for my shares of WAMUQ! I am not sure of the legalities of being forced to accept a stock swap, when the evidence clearly indicates criminal acts that casued shareholder value injury. Maybe I can find something in the Internet Library.

~Fish~