Replies to post #57785 on Mr Cooper Group Inc (COOP)

[OrnateSilk]

Yes, some of us were.

But I agree. JPM has admitted to dates of discussion with the OTC/FDIC that predate the seizure. They have admitted to getting WM for less than fair value. They have admitted to being in the red were it not for the purchase of WM, etc. etc. etc.

I think if it went to court we would have better results. However, those results could be held off for months and even years. Settlement is a much better route for all involved.

And with the markets finally looking to make a trend North, the FDIC really can't afford to create a situation that would turn a tenuous situation into utter chaos.

[WaS]

Then do what you've got to do to get as much of your money back as you can. You have my sympathies and my support no matter what happens. I hope you guys that lost in this wind up even or in the green... BIG Time.

"with all due respect, some of us were investors well before any BK bulloney."