Mr Cooper Group Inc (COOP)

[lodas]

monicalaw......I just googled the following article.....Last Resort:The Financial crisis, and the future of bailouts......in the article, it clearly states that the FDIC can seize financial institutions under the power of eminent domain.....it seems that the FDIC wears two hats, one that has a fiduciary obligation to depositors, and the other hat is given the power to seize failed banks... in this capacity, both act separately, and are not responsible for actions incurred by either.... the FDIC is solely responsible to depositors, and the FDIC-R cannot be sued for actions incurred by seizing the bank, while acting in the receivership capacity.... so , in my view, if the FDIC sold , or gave Jamie all those Wmih assets, under the guise of eminent domain, to protect the banking of the U.S.A. and depositors, they cannot be sued in any court of law... the FDIC , and the FDIC-R, as receiver are untouchable, no matter what they agreed to in the bk proceedings....they cannot be named as defendants in lawsuits, when acting in the interest of the banking system of the USA under Eminent Domain.... read it.... Lodas