Replies to post #554319 on Mr Cooper Group Inc (COOP)

[zulual]

His representation was misleading and conflict of interests to escrow holders.

[PickStocks]

And also this! Illeagal enrichment IMO

From page 14: http://sidedraught.com/stocks/WashingtonMutual/GhostOfWAMU/JPMFinancialsAnalysis-2.pdf

Quote:
2.3 Sharehold er Equity

Figure 12 is an image of JPM’s Shareholder Equity stacked by WAMU’s shareholder equity by year and quarter. At the end of Q2 of 2008, WAMU had a Shareholder Equity of $26B dollars. If we remove goodwill ($7.2B) from assets, then WAMU had assets in excess of liabilities of $18.8B. This number in itself exemplifies the absurdity of Rosen’s comments in court about WMI being hopelessly insolvent after stating that there was in excess of $100B in claims. How does a company with tangible assets in excess of liabilities by $18.8B magically have over $100B in claims after a chapter 11 filing? The only plausible explanation is that many of the claims are bogus and wildly inflated

Maybe these could have been the facts submitted in the letter sent to the Judge walrat and Rosencrap.....

[hotmeat]

This is part of the reason why I don't take the claims that JPM has to pay the FDIC billion$ for WMB assets once the ""CIC"" is finalized.

JPM, IMO, successfully pulled off what is probably the biggest heist in human history without firing a single shot.

It's becoming apparent that the main source of any distribution we receive will come from WMI interests in MBS's they retained.