Replies to post #410852 on Mr Cooper Group Inc (COOP)

[Large Green]

Great information Nightday and I do believe this may be retroactive and if this ends up being a fact WMILT/Escrow Shares will be golden to the tune of MULTI BILLIONS, yes MULTI BILLIONS!

[Boris the Spider]

Interesting find nightdaytrader. There is no company that fits into this wording of the bill better than WAMU. Very interesting.

[BBANBOB]

THINGS THAT MAKE YA GO HMMMMMMMMMMMMMMMMMMMMMMMMMM


KOWONKIDINK IMHO SURE

[Nightdaytrader]

Clients lobbying on H.R.5421: Financial Institution Bankruptcy Act of 2014

10 unique organization(s) has/have registered to lobby on this bill. Click on a client's name to view all the bills on which they reported lobbying. Click on the number of reports to view all the client's reports that mentioned this bill. Moving to the Sponsors tab (above) will show you the members of Congress who sponsored this legislation.

NOTE: Occasionally, a lobbying client may refer to a bill number from a previous Congress, either in error or because they are lobbying on a bill that has not yet been assigned a number. Read more...


Client Year No. of Reports & Specific Issues*

American Bankers Assn 2014 1
American Council of Life Insurers 2014 1
Citigroup Inc 2014 1
Financial Services Forum 2014 1
Investment Co Institute 2014 1
JPMorgan Chase & Co 2014 1
Koch Industries 2014 1
Northwestern Mutual 2014 1
The Clearing House 2014 1
Wells Fargo 2014

https://www.opensecrets.org/lobby/billsum.php?id=hr5421-113

[drrugby]

NDT, IMHO, No. This law will be passed to safe grace of JPM, Citi, BofA, Wells, GE, GS and Others of banks large size that fall into this category.

The big reason.. They learned what the power the FDIC has and the big banks don't want their fingers in their pie.

GLTA..

GO WMIH Go..

DrR..

[stoxjock]

Wow! Looks like WAMU Equity Holders have a lot of Legal Justifications to Sue JPMC for RICO damages for their coplicity with the WAMU BK... Surely, This New Bill is trying to address something that went badly wrong with some Big Bk case where the FDIC/Feds actions seem to have been "VERY CORRUPT" and Liable for significant Lawsuits, to say the Least!!!