Replies to post #509633 on Mr Cooper Group Inc (COOP)

[etzetrade]

I am not sure it's right, just FYI

Remember in the early days, judge said if JPM returned $4B would cause her bankrupt. Later, ???, nor sure ... JPM used $4B to pay off senior notes.

[etzetrade]

Moreover, it seems that's equal swap. But, actually that's the scandal arrangement by those dirty HF, and JPM.

While senior were paid fully before POR, HFs could reap off all WMI retains by using unpaid CTs as an excuse. Unfortunately, their sticks were being caugh.