Mr Cooper Group Inc (COOP)

[acountmakr]

According to Generally Accepted Accounting Principles, JPM would have to account for any contingent liabilities in the form of settlements of other litigation in the financial statements. This would have to be actually booked if it was reasonably estimatable and if it is probable. If the settlement isn't able to be estimated (since we are throwing around $4-52bil), then there should be a disclosure noted in the notes of the financial statements, WHICH THERE IS. Booya! Go Fish!!!!