Replies to post #706439 on Mr Cooper Group Inc (COOP)

[UpTickMeA$AP]

Are you confusing this $30B for the First republic bail?

https://www.wsj.com/articles/jpmorgan-morgan-stanley-and-others-in-talks-to-bolster-first-republic-4f9eeb76

[ReikoBlack]

Link?

Dimon deposits $30B for LIBOR settlement.

Why is nobody talking about this??? 30B is exactly the number Dimon "found" in the rubble of the Wamu bk, and he bragged and actually laughed about "finding" it. Not funny dude! Thousands lost their jobs in the heist and shareholders lost everything!

So this deposit to LIBOR would take him off the hook with LIBOR and would go a ways in taking the heat off him with Wamu shareholders for the heist. Will this 30B go to Wamu escrow owners? Who knows.

But that 30B number sure is suspect.

[PickStocks]

Nothing to do with old wamu