Mr Cooper Group Inc (COOP)

[rramirez82]

Has anyone considered the possibility of JPM allowing disclosure of the information regarding letters to the FDIC as an underhanded means of avoiding class-action liability from its own shareholders if/when the case is settled and JPM stock is subsequently reduced?

If I recall, the letters discussed at length in the WSJ article and several others, discussed JPM's need to solicit cash from the FDIC because of its expectation of costs in connection with the WaMu litigation. Now, that is rather vague - but to me it seems as though this latest move was nothing more than a way for the directors to protect themselves once if/when this all goes down.

Thoughts?