Mr Cooper Group Inc (COOP)

[Black Hills]

This has always been a special bankruptcy, in that with the historic market crash of Fall/2008, the US Treasury/FDIC (Paulson/Bair) had to step in and take unprecedented (mostly confidential) emergency action. The Stock Market was collapsing, Major Firms collapsed and AIG couldn't provide Insurance that was necessary to keep the entire Financial system from collapsing

Even though Bankruptcy Law (and HJW-Court Process) has been followed as closely as possible, there are certain CIA-type secrets that we will never know and why the Company (WMIH) can act and do (on their own time schedule and not on Bankruptcy/SEC schedule) when they want to, and of course this fits fine with the Lawyers who provide cover and soak a careers worth of fees from of our pool of funds.

So even though they should have done an 8k here and an 8k there, don't be so confident that (due to their sheltered US Gov. status) our Company (WMIH) won't keep dragging this out. I'm wonder how the Hedge funds (and Lawyers) have been pacified during this 13 year process?

We may be following HJW's court-approved settlement, but was there any definitive time table, and because of a perfect excuse (Homeland Security), can they indefinitely take from the Commons-Pool with fees and security borrowing. I hope the end is near, but it may never have to end.