Replies to post #160919 on Mr Cooper Group Inc fka COOP

[DavidTrader]

oh, i'm deffinately expecting that we will probbly get an $8 - $10 range. I was just pointing out that wamu value at on time was in the $45 range, therefore just saying it is possible, and a legit argument. Likely however? i dont think so. But it would be nice...

[jhdf51]

That's exactly what I'm thinking.

[REALtime64]

no your perspective is way off ...... i am just keeping it REAL Basic no fancy math or clever slogans just look more at what WAMUs VALUE REALLY IS then you will have your answers....IMO

[Lawrence 147]

Depending on the method they use to value the company 3X would still be nothing. The P&A could be voided and the FDIC/ JPM could be forced to replace everything. Note I did not say return, I said replace. Considering the company value was calculated at 52 billion, should this go to court 3X’s would take it to 156 billion that would in all likelihood never happen but 2X’s could and that would be 104 billion and that would be in line with other such types of judgements. JPM and the FDIC should easily save 52 billion by settling for 52 billion, I would expect the EC to hold out for the additional 26 billion and settle for 78 billion. After all we do need to be reasonable and not destroy JPM or the FDIC but keep them and the value of the dollar in tact. Yes they do need to be punished to see that this never happens again and yes those involved do need to have criminal charges brought against them but that is a discussion for after we settle.

[RetirewithWaMu]

There is less than a week to go before THJMW issues the ruling on the 4B and SJ (there is no more time for JPM/FDIC). Are you seriously suggesting that the EC is just now entertaining first offers??? If we believe that a global settlement announcement is going to occur sometime between now and Friday, those discussions took place long ago, the EC is okay with the number (since they didn't object during Thursday's hearing). This week, IMHO, is simply to have the JPM/FDIC Boards sign off,and get all of their ducks in a row.