Mr Cooper Group Inc (COOP)

[RGD Stock Guy]

Posted by Mordicai on the P board

Obviously, whatever was in the sealed envelopes is very telling as to value, hidden assets, or conflicts. That is what got Rozen and Dimon to be more open minded about settlement imho. The fdic is on the hook, but JPM got the assets. I always said at some point this would cause them to eventually be adversaries. JPM has to bend and contribute to the settlement because it has the most to lose...its reputation, damages. FDIC has to bend because the public trust in that institution cannot be lost. As to destruction of evidence, That will not happen here. That is obstruction of justice...and that is what got Nixon. Lawyers are shady but not that stupid.