Replies to post #330241 on Mr Cooper Group Inc fka COOP

[Desperado90]

Am loving this news.

Watch the TPS consortium jump on this. How does JPM get the Trust Preferred Securities without taken the liability too. They took the assets backing the securities but do not want to pay a dime to the TPS holders.

FDIC should go ahead and throw JPM under the bus or vice versa and let workout a real settlement.

[Militia Man]

Looks like that piece is gaining traction..

[PutYourWatchOn]

To me this says that a real judge wants to find out exactly what was transferred...

The judge said last week it would be "improvident and premature" to dismiss
the suit against the FDIC until a decision is reached over whether the alleged
WaMu liabilities stayed with the FDIC or were transferred to J.P. Morgan.

What a can of worms is about to be opened. Ha.

IMO

[MONICALAW]

Thank you very much Kymmer ,,,,,,Now TH Judge Collyer will get the honors of forcing the useless Judge Mary Walrath to deny POR and GSA, ......OR ELSE.....IMO.....MML

[NASCOW]

This case centers on FDIC & JPM only and the P & A Agreement, and what assets were transferred, involved in the sale of WAMU to JPM. We had a discussion a while back concerning this. It's funny, while here in BK you have the denial of assets, over in DC they're arguing over just that

[johnydollar]

This is way funny, back door deals exploding on their faces.LOL