Replies to post #691476 on Mr Cooper Group Inc (COOP)

[lodas]

ron... it is on record that all assets of WAMU were given to JPM for 1.89 billion dollars, visa, art, buildings savings and loan company (Great Western Finance ) was just one of the many savings and loan companies given up....JPM wrote the assets down to negative "good will", so WAMU got zilch from their assets....JPM did a "Fire Sale" on the assets as soon as they received them....during the GSA, Wilful misconduct, 5AAT was settled between all parties involved, SNL, JPM,FDIC, and WMI, in which WMI was given close to 7 billion to settle all claims against the seizure... Does Global Settlement between all parties ring a bell?....there is nothing coming back, the chapter 11 closure ended all future distributions to class 19, and 22... Lodas

[Nightdaytrader]

It would be the largest take over and or merger in history. Nobody has ever paid that much for a takeover and or merger, never.

ND9