Mr Cooper Group Inc (COOP)

[tcr7309]

rockie, the reason the dd guys are less active is that they are finally grasping that as much dd as they have done and I think some of it very legit, they didn't/still don't understand how the game is played.

I think they actually thought that jpm and fdick were effectively stewarding all those assets for escrow holders just waiting until they could nicely wrap a bow around them and turn them over. Not stewarding, jpm was stealing them. Many also think/thought that jpm execs were scared that they would go to jail for the wamu theft, lol, so they would do what is right. That was one of the funniest comments I read.

Lastly, the opportunity ended for shareholders when susman sold out with the por7 without suing jpm and fdick for fraudulent conveyance among other things. When the trustee did not go after any clawbacks the fix was in.

jpm wins, wamu shareholders lose. Nothing to be surprised about, in bk's that is almost always what happens. Still many think wamu is different but it's not.

all imo