Replies to post #138757 on Mr Cooper Group Inc fka COOP

[diamondguru-one]

and do people realize how HUGE the "EC" is....the "EC" can now show "ALL" the ASSETS...."SUBS".......what WAMU is/WAS worth.and "NOT" put egg on our GREAT LAW FIRMS TEAM FACES....the "EC" will bring everything to light...HOLD WAMUERS....the GAME is just about OVER....

[Joshfm]

Yeah but how long will it take to get the FDIC to pay up?

[up and up]

Diamond,check my post earlier about math see if those are close.

[Nightdaytrader]

diamondguru-one, why would JPM want to pay Billions in cash when they can easily issue another 800M (or whatever the number turns out to be) of common stock?

JPM only has 3.9B shares of outstanding stock compared to Bank of American's 8.6B shares and Citibank's 22B shares... So relative to some of the other big banks, JPM has done good in keeping the number of outstanding shares to a minimum...

In addition, for the past year, banks have been cash poor. That's why the govt had to bail them out... So why would JPM want to pay WAMUers all that cash when they can easily issue more common stock?

Doesn't make sense to me... I think JPM will pay us in stock.

JMHO
ND9

http://finance.yahoo.com/q/ks?s=C
http://finance.yahoo.com/q/ks?s=BAC
http://finance.yahoo.com/q/ks?s=JPM

[Jestiron]

I cannot believe you said that:

"when it comes down to it JPM just did what it was told and purchased WAMU..."

Now you are making it sound like JPM was a lemming in all this?? Give me a BREAK diamond! I mean seriously...do you REALLY stand by that comment? You going to boil down the WHOLE of JPM involvement to "He TOLD me to do it!"??????

Unbelievable that you would say that.

AJest