Replies to post #650456 on Mr Cooper Group Inc (COOP)

[Shomidamoni]

WAMKQs? Do I have to apply to get paid or is it too late?

[Planet Paprika]

from BP :
"This money will only go to one class of the WMB bonds, and the WAMKQ’s."

I think : If ever. Some bondholders have had to sue on their own ?
https://casetext.com/case/in-re-libor-based-financial-instruments-antitrust-litigation-1

"As far as I know, nothing else in the Cap Structure was LIBOR-based."

Please : See same link, what is Libor-based. .........and what about "P`s" ???

"Second of all, this money is going to be split up between a bunch of different
Libor based products, not just Washington mutual."

Forbes saying: The FDIC filed the lawsuit on behalf of 38 banks which went bankrupt at the peak of the downturn in 2008, ..... the losses on these products were exaggerated for the failed banks, including Washington Mutual and IndyMac. The lawsuit names U.S.-based banks Bank of America, JPMorgan Chase and Citigroup,....

https://www.forbes.com/sites/greatspeculations/2014/03/18/fdic-sues-16-global-banks-for-roles-in-manipulating-libor/?sh=7c2843f07f62


I´m not exited except that it continues to progress. But I´m not a LIBOR expert....
take a look at the agency`s "winners" :

https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase