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Syncora Holdings Ltd. Message Board

  • alzhus101 alzhus101 Feb 21, 2013 1:01 AM Flag

    DOJ probing JPMorgan over Bear Stearns mortgage products

    This is getting more and more interesting.... The article mentions the gov't using info from a complaint filed by MBIA, but Syncora has also sued JPM for fraud and filed a 170-page complaint against them. This has to put more pressure on JPM. Along with judge Rakoff's decision in the AGO/Flagstar case, it makes it more likely that JPM will settle in the near future. Just IMO, of course

    Any other opinions/comments out there? The board has been awfully quiet lately. Of course, the stock has been stuck in 55 cent range with very low volume. Personally, I can't undertsand why, there is tremendous value here

    Sentiment: Strong Buy

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