Replies to post #119534 on Mr Cooper Group Inc (COOP)

[JohnnyWinter]

"In addition to the ownership of the funds, the bankruptcy court must also determine if claims by JPMorgan and the FDIC against Washington Mutual exceed the value of the disputed deposits."

http://www.reuters.com/article/etfNews/idUSN0512265520091105


That is , of course, if these claims are indeed decided by the bk court and not the DC court. We'll have to wait and see, but regardless of who makes the decision, the FACT is that there are enough claims to prevent WMI from ever touching the $4 billion.

crunch crunch CRUNCH


[ : ^ )

aaahhhhhhh