Mr Cooper Group Inc (COOP)

[steel58]

UZ -- If these are truly number crunching sessions, wouldn't it make sense for there to be only one offer that covered evrything? As others have theorized, JPM/FDIC can actually come out of this somewhat clean with a creative press release, like "there was confusion when the WAMU deal went down. In light of the circumstances, a complete good faith evaluation was done and we came up with X" "This should complete the transacation and JPM looks forward to continue to be the fine outstanding institution we have always been"

If there is any haggling (at least in the public eye) then any settlement is a judgement as opposed to a settlement offer.

They can't offer $2, then go to $12, then $20 and make it look like anything but lowball, weasel, or whatever. They would have to ALL come up with a fair number, say they agreed, and present it to the judge.

Anything else, we have a PO'd judge, a PO'd Susman and a long, long wait for the examiner's findings.

All my opinion of course.