Replies to post #224096 on Mr Cooper Group Inc (COOP)

[rramirez82]

Good point, but even still, if the examiner uncovers evidence sufficient to prove business tort claims against JPM then all bets are off and JPM would be liable to WMI for compensatory and likely punitive damages.

[gyspsy]

I disagree, JPM might be on the hook for 500mil = out tax monies to be sure. However if the FDIC lets lose some of the e-mails and other stuff I'm sure they have that they were duped by JD regarding the status of WAMU, the s**t will hit the fan.
IMO, now that the examiner has been granted - SS has done some digging, JPM and the FDIC will be at each others throat fairly soon.