Mr Cooper Group Inc (COOP)

[maekuz]

Five days before the failure, Washington Mutual executives expected a $10 billion offer from Banco Santander to buy an 80% stake, according to people familiar with the situation. But the Spanish bank's board decided against the idea. The FDIC launched an auction for the thrift, which J.P. Morgan won with a $1.88 billion bid.

I didnt know about this.

This is exactly what Jamie Dimon and the Banco Santander CEO discussed at lunch, remember that email?

This is getting ugly.