![](https://investorshub.advfn.com/uicon/133252.png?cb=1579991231)
Thursday, September 29, 2011 12:54:22 PM
As we all well know the EC has the goods and now has the investigation rights upon the Hedge funds and now with the recent appeal, can make a case for a full overall discovery upon the USCC members. Since the Hedgies wrote the appeal to implicate the others in this case, they have opened up a closed and barred door with a brick of C4 put right on the middle hinge. As this case progresses in the mediation phase, who can and may be willing to save the hedgies and now possibly the USCC (unsecured creditors comm.)
Well there really is only one party and exactly why would JPM be willing to save the hedgies, their potential freedom, future and current business and overall health of their firms. We all know the hedgies got greedy and allegedly used MNPI to trade in our securities and manipulate our stocks for over 3 years now. They may have also been the ones tapped by JPM to short WAMU into the ground, so JPM could get it for nothing.. As I have said “Negative Goodwill Forest” one that Jamie and Sheila are both currently residing in. So how does JPM negotiate with these hedgies (since they are the ones who brought the attention with a 2019 in Sept 09)and save their butts. I mean,, “what’s in it for them!” Well let’s see.
1. JPM stock is in the “shark tank” and believe me, Wall Street smells the blood in the water for the “zombie bank”. JPM could force (in private) the Hedgies to invest every dollar they get out of this case into JPM stock. So, it will appreciate in value because the street feels the WAMU case is over, but we know it is the hedgies slowly buying up the stock because of the under the table agreement. Hedgies could agree to a slow buy in that will increase JPM by 1-2% a day and eventually the street will notice and jump in bringing JPM (protected gov bank) to $60 by 2nd Q 2012.
2. Money is going to be thrown around in this case to all creditors, with the recent appeal filings by the SNH’s the USCC is now in the crosshairs of not only the SNH’s, but eventually the EC. SG has the ability and cunning way of presenting to get these guys shaking. Remember the Quinn was visibly upset after they all emerged from the Judges Chambers in 2010? Well we know that SG can do, we know we are in good hands and now the USCC members, the TPS members and LTW members are all on notice by the SNH’s. JPM is not on notice at all, they stayed out of the bloody equity water and now have the leverage over the USCC parties and others who may be implicated in this BK mess. JPM can do exactly what I said in #1 with these parties.
3. EC has the leverage, FDIC is on the hook for the bank bondholders. In his statement in Feb 2009, Treasury Sec Geithner said “there will never be another WAMU!” He meant the bank bondholders will always be protected in a seizure. That Evil B>>Bair kicked them to the curb because he boyfriend and much more powerful counterpart (Dimon) asked her to. Oh Man, I would have loved to be in that board room when she was making the case to wipe out WAMU Bank bondholders. However, ANICO is unearthing those skeletons and their Discovery through Collyers court could blow the FDIC reasoning fro seizure wide-open. FDIC also needs all of this to disappear, but they have gov lawyers and will delay, delay, delay until 2020 if they can. This is the problem with the FDIC, so getting them to kick in for the equity people is not going to be an easy task, unless they feel the GSA will fall after the EC presents the next case.
4. JPM needs this to conclude, so they can get back to the business of ripping everyone off. They are being sued in Montgomery County in Alabama and it does not look good for them there. They are the worse and will eventually be exposed, but all of this takes time. They have a huge incentive to kill this case. They not only need the funds, but they need the publicity to alleviate the billions in litigation funds they can release to the shareholders as a dividend payment. It really is all about business and they also are part of the shaky GSA and need to get out of this courtroom before something lands on their doorstep.. They have as much reason to finish this in mediation as the IT parties. JPM will try to leas the mediation if the scope lands on their doorstep, but SG and especially Steve Susman will make sure every party understands the future for them in this case.
Recent COOP News
- Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference • Business Wire • 09/03/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:17:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:09:25 PM
- Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes • Business Wire • 07/29/2024 08:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:24:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 08:20:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 11:00:12 AM
- FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS • PR Newswire (US) • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar • Business Wire • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024 • Business Wire • 07/11/2024 08:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:33:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:26:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:22:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:19:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:17:44 PM
- Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required • Business Wire • 05/22/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/15/2024 12:11:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:12:48 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM