Mr Cooper Group Inc (COOP)

[tcr7309]

es1, kmart is similar in the fact the assets were stolen. the difference is the judge in the kmart situation was an idiot to allow for fast Eddie to pick his own real estate appraisers and devalue the real estate to 10 percent of true value and the judge would not hear it any other way.

Wamu is entirely different, we know there were holding company assets that were either conveyed to jpm by mistake or fraudulently conveyed. There is your lawsuit right there. Why has it not been filed. There had to be black and white assets that jpm had that did not belong to them other then the 4 billion in cash. Let's take 2 for certain, 1. The visa shares; 2. Corporate headquarters. Did those assets return to fdick. They may have but I don't recall that to be the case. If not, I think jpm did sell the visa shares if I remember correctly and we know they sold corporate headquarters.

My gut says Susman sold out. Maybe sell out is not the right word, maybe he knew if he persuade a lawsuit the estate would not pick up the tab. It wouldn't surprise me if fdick told susman as such. He's not going to work for free is he.

all imo