Replies to post #701347 on Mr Cooper Group Inc fka COOP

[ckaufman2160]

I don't say there was/is no money, but I do wonder if retail was in fact somehow cheated out of its' portion? With the sums ( in the billions ) that have been thrown around, my question is; Why would the big boys agree to wait this long ( 14+ years ) to reap their rewards? It does not add up- and don't tell me it's because it will benefit their benefactors;
this kind of money most would do anything to get their hands on, and FAST! To be utilized and enjoyed in their own life time, NO???

[JB3136]

Rendered MOOT by GSA

[ron_66271]

I Like Numbers, Big Numbers.

$307.02 is what WMI sued the FDIC for.

The TPS $4 Billion exchange event was paid back to WMI along with the Turnover event of ~$4 Billion in the GSA.

The FDIC is just informing JPM that $299 Billion is the starting point. Get ready for more.
41.6 “Willful Misconduct”. Multiply by X.
Plus 14+ years of interest.

Any LIBOR updates?



Ron