Replies to post #638059 on Mr Cooper Group Inc (COOP)

[cura asada]

Yes, they were insured and suffered no damage. But FDIC still claimed JPMC.

[DocKB]

Hotmeat wrote:
"We've known for years that the $151B in claims were insured customer deposits."
Sure, and they carried $ 151 BILLION on the books for 12 years as an accounting exercise, and now they're going to give that money to......who??