Mr Cooper Group Inc (COOP)

[955]

Relax folks. This is nothing but a BIG SHAKE. That report has a big gaping hole in it, i.e., NO ASSET LIST (redacted?) and rest assured SS will be all over it. Add to this the high degree of probability that a deal was already struck in closed chambers (reference quotes, "it was good for equity, but they could have held out for more", and "it's all over"). This report is nothing but an attempt to wash JPM & FDIC of any wrongdoing (part of the settlement?) IMO. Also note the report cites WAMU was solvent when taken over.............another big hole SS is licking his chops over, I'm sure.

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