Mr Cooper Group Inc (COOP)

[fsshon]

It was, but JPM could easily move money from the Litigation fund and money market account to account for any large withdrawal of the depositors account. I am perplexed by this statement, because it tells me she believes the JPM lawyer when he said it would not be good for Chase to release the funds in the current economy.

FDIC is going to try the "in the interest of National Security" approach when appealing the ruling that will return the funds to WMI (rightful ownership)

JPMC is a "too big too fail" bank and William Daley in the WH will be enough for them to stay afloat, so THJMW must believe JPMC is under capitalized and too leveraged.

Scary if you ask me..

I say let them fail, there are plenty of well run banks that could absorb Chase. WMI can offer them (FDIC receivership) 2 Billion for everything they lost !!!

~Don~