Mr Cooper Group Inc (COOP)

[Boris the Spider]

The hedge funds will fight like hell if they don't get paid, as will the UWs.

Look, we don't know the amounts. But what we do know is that there IS money for escrows. The UWs and big boys know that and have been very patient. But if there is no payment soon, I still expect that they will go after it in court like a pit bull on a poodle. This whole case will blow wide open and will turn into the talk of the financial world and media. We are talking billions after all.

I doubt the judge wants to go through that kind of contentious court process when there is so much overwhelming evidence. It would be a bloodbath.

At the VERY LEAST, we have the $30B in "bonus money" that JPM "found" from the commercial property portfolio that should be returned to the shareholders, as well as the $4B that WMI had just deposited that was stolen.

Expecting something to break soon, either way.