Replies to post #422342 on Mr Cooper Group Inc (COOP)

[wowalters]

Do you remember that a week later JPM wrote UP $29B of the $30 they wrote DOWN.

I believe the 09 $24B BV was a forensic accounting. So it would include the bad paper including legal.

Keep in mind also that in the summer of 09 TD Bank offered $20B for just the east coast branches of WAMU. The government didn't want the Canadians there, so they squished the deal.

Clamann does not agree my multiple BV payment. But think about it, the FDIC-R want to pay this off well so depositions don't open things up putting JD, Sheila, Henry and many others in danger of jail. No one in the world will bother opening anything if P's get $7000 and commons get $24.