Replies to post #69436 on Mr Cooper Group Inc (COOP)

[Pawsy]

yes you have yes you have yes you have

[jackson227]

Your statements are unsupported at best. The law is the law, no matter what you think, and WMI will be compensated for what was illegally seized and for the difference between fair value and what was actually paid for their banks.

[ThePennyTrader]

I do believe that Wamu will be able to recover at least the money that it should have never had taken aka the $4B. Now what effect that will have on the stock price is up in the air. Obviously that kind of news should send all 4 stocks up a pretty decent amount. What people need to realize however is that 4B isn't just going to come in the form of a check for everyone holding the stock now. It is the intrinsic value that would cause the rise.

Once thing we do have working for us, is the longer the FDIC and JPM hold out before deciding the take action, the more likely it is that each of the organizations will suffer what I believe could be very damaging revelations about what they did.

[Stockminder]

JHD,
I don't have the link to reference, maybe another poster can provide them, but the FDIC has lost court cases brought against them by companies. They are not teflon.