Mr Cooper Group Inc (COOP)

[JimsZ]

I do argree on less per share for settlement

I am looking at around 15 billion for commons which would put around $8/share and preferrers paid out at 50-70% of face. I think this will have to happen prior to examiner report coming out.


If there is wrongdoing proved against JPM/FDIC in the report then both open themselves up for a lot more lawsuits! Everyone that was owed any amount of money from wmi/wmb will be suing and if this is all covered up here wouldn't make the fight worth it for most!

Now, this is considering jpm had some hand in wmb failing. If that .0001% chance they didn't is put in the report, look for 00's in your accounts.


They way I came up with figures are

Bondermans preferred shares worth around 8 bil were traded for same amount of common OS.

Preferred shares are not yet held to maturity!