Replies to post #111621 on Mr Cooper Group Inc fka COOP

[thepennyguy]

FDIC wants the money cause JPM doesnt have it. Fdic wont enforce collection from JPM, and if they have that power it will gain a few more months of stalling or lead it to another court circuit.
More stalling and more games. I'm going back to work and holding for better days.
GLTA

[mordicai]

The fdic wants JPM to have the 4 billion. If the fdic would get it(no chance whatsoever)it would go to the wamu bank bondholders. JPM doesn't want them paid. FDIC doesn't want them paid. Moreover, if FDIC gets the money, they just increased the damages the holding company gets from them for another 4 billion. Ludicrous position. And walrath sees through all the crap, and did so last june.