Replies to post #78298 on Mr Cooper Group Inc (COOP)

[pocket.change]

that's what i'm thinking also... so why isn't the pps hopping!

[climberprof]

Mordicia

The news also tells that "FDIC will appeal immediately....."
http://www.djnewsplus.com/article/DN-CO-20090624-012270.html?mod=J1&a=T+Wire&h=Court+Won%27t+Bar+WaMu+Parent+Suits+Vs+JPMorgan+Over+%244.4B+

If the judge rules that the $4.4B belogs to WMI, it is certain that FDCI and JPM will appeal. That is for sure.

Now, here is the question. If the judge rules like that, does the JPM have to hand over the money and then appeal, or WMI has to wait the result of the appealing of JPM to get the money?

Anyone? Any idea?

Thanks
Climber