Replies to post #364520 on Mr Cooper Group Inc (COOP)

[uzualsuzpect]

Ummm.... Project West?

Project West was a covert operation that was conceptualized, planned and then executed by JPMChase in order to systematically weaken and finally take over Washington Mutual Bank at a fire sale price. The plan was implemented and although it took a number of years, JPMChase was finally successful when Washington Mutual Bank and its subsidiary WMB FSB were ultimately seized on September 25, 2008 and then sold to JPMC overnight on September 26, 2008 for $1.88 Billion dollars.

http://www.ariva.de/tim_morgan_jpmorgan_a283928