Mr Cooper Group Inc (COOP)

[LuckyPanda]

If the FDIC can takeover a solvent bank like Wamu, anything is possible. Also, I doubt tbe employees would have waited this long if there wasnt an agreement years ago with WMILT for a settlement at the end...otherwise, they would have started trial proceedings years ago. Trials take a lot of time. Would employees want to wait a few more years to get their money? We dont. They are probably just as anxious as we are in getting paid. There must have been a backdoor handshake between the employees and WMILT years ago. This fake request for disallowance and the follow up objection by employees to have the judge determine the validity of WMILT business is a ruse...its backing the judge into a corner and giving her ammunition to make a creative judgement.

Well, I guess we have two weeks till we find out if this goes to trial. I'm still optimistic that we see a settlement filing early next week.