Replies to post #728111 on Mr Cooper Group Inc (COOP)

[novascotiaSTS]

12 banks just settled in this lawsuit for less $ 3.5m combined - and you think that JPM will pay hundreds of billions?

ORDER (1) PRELIMINARILY APPROVING SETTLEMENT WITH DEFENDANTS CREDIT SUISSE AG, LLOYDS BANK PLC, BANK OF SCOTLAND PLC, NATWEST MARKETS PLC, PORTIGON AG, WESTDEUTSCHE IMMOBILIENBANK AG, ROYAL BANK OF CANADA, RBC CAPITAL MARKETS, LLC, COPERATIEVE RABOBANK U.A., THE NORINCHUKIN BANK, MUFG BANK, LTD., AND UBS AG; (2) CONDITIONALLY CERTIFYING THE SETTLEMENT CLASS; (3) APPOINTING SETTLEMENT CLASS COUNSEL…. 18. Settlement Funds. The cash consideration provided for in the Settlement Agreement is $3,450,000. Payment of the Settlement Amount by Settling Defendants shall be made pursuant to the Settlement Agreement. IT IS SO ORDERED.

[PickStocks]

The question is do you have any fact that Libor will payout 100’s of billions to old escrows even 1 billion….