Replies to post #159402 on Mr Cooper Group Inc (COOP)

[KaraokeSinger]

Let's split the difference and call it a 35 Billion settlement.

I remember reading today that there was some type of offer but someone said it wasn't enough or did I misunderstand what I read?

[fsshon]

How do you know??? eom

[Macallan]

Assuming $20B settlement, how much does each preferreds get? Also common??

[Jestiron]

I know a $50 billion dollar settlement sounds ridiculous to many of the green-horns on this board, but what is even more ridiculous than that is that JPM would STILL walk away with a BIG smile on their faces after paying it!

Remember all of the Subsidiaries, Dividends, Intellectual Property, and a whole plethora of OTHER assets that WE do not know about (thats a deduction by me of course).

JPM is making billions of dollars a year on the assets/mortgage that once belonged to WMI! Thats COMPOUNDING returns that should be ours!

We don't even need to discuss damages....which is good because I know nothing about how they will be calculated! LOL

I am not saying I believe it will be more than $50bn settlement or less...but is is certainly viable IMO.

Good Luck to you taxxx-man!

-AJest

"On the whole, it is patience which makes the final difference between those who succeed or fail in all things. All the greatest people have it in an infinite degree, and among the less, the patient weak ones always conquer the impatient strong." - John Ruskin (1819-1900)